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$USB 2Q15 Call – Richard Davis, CEO: Return on average assets was 1.46% and return on average common equity was 14.3%. Net interest margin was 3.03%. Efficiency ratio was 53.25, lower than in 1Q15 and expects this to remain in low-50s going forward. Total net revenue was $5Bil, down 2.8% from 2Q14. Residential mortgages declined 1.4% YoverY.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!