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$PNC said the expenses that increased QoverQ for 3Q16 were in line with its guidance in terms of being stable because it was a small increase. The incremental amount around the FDIC surcharge is a higher expense. For 4Q16, $PNC expects expenses to remain stable. The timing of investments can impact expenses so it is not uniform QtoQ.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.