Want to join the conversation?
Cincinnati, Ohio based $FITB said that on Dec. 2, 2015, $VNTV conducted a secondary offering of 13.4MM shares of its Class A Common Stock on behalf of $FITB. During 4Q15, $FITB expects to recognize a pre-tax gain of approx. $419MM or approx. $273MM after tax related to the ownership interests included in these transactions.
$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.