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$JPM's provision for credit losses for 2Q16 rose to $1.4Bil from $935MM last year. This was due to reserve increases in the current quarter versus reserve releases in the prior-year quarter, and higher net charge-offs. Non-interest expense declined by 6% to $13.6Bil, on lower legal expense and continued expense reduction initiatives.
$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.