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Ken Zerbe of Morgan Stanley questioned on higher provision expense outlook, given the recent rebound in oil price. $ZION COO Scott McLean said that it was a punitive 1Q16 from oil and gas price volatility, especially declining natural gas price. Scott said the outlook was made based on the weak environment condition, and not on the recent rebound.
$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.