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BA/ML analysts noted that last........>

US STOCK VIEW
US STOCK VIEW: BA/ML analysts noted that last week, "banks beat (but
underperformed)" as the "S&P 500 3Q earnings season kicked off last week" as "32
companies (8% of earnings) have reported so far. Reporting was dominated by
several of the large Banks, most of which beat on EPS and revenue, but sentiment
was generally negative post-reporting (beats underperformed on avg.) as
investors focused on higher credit provisioning at several of the banks."

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