Want to join the conversation?
$WFC said its loans in 1Q16 grew 10% from a year ago and 3% from 4Q15. Commercial loans grew $31.6Bil sequentially, including $24.9Bil from the GE Capital acquisitions and broad-based organic growth. The company stated that consumer loans declined $923MM from 4Q15 and total average loan yield grew 8 BPs from 4Q15.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.