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For 4Q16, $CMA expects average loans to be stable and net interest income to be slightly higher from 3Q16. Provision for credit losses are expected to remain low and noninterest income is expected to be relatively stable. $CMA expects noninterest expenses to be lower versus 3Q16. Income tax expense is expected to be approx. 30% of pre-tax income.
$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.
$EBAY earnings reaction.