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For 2016, $CMA expects provision for credit losses to be higher with net charge-offs for the rest of 2016 between 35-45BP. Noninterest income will be modestly higher, with focus on cross-sell opportunities. Noninterest expenses will be higher with an expected $90-110MM in restructuring expense. Income tax expense will be about 30% of pretax income.
$TWTR comes out with another round of updates that directly aims at silencing abusers.
$WTW Great marketing execution and overwhelming response to the development strategy is seeing the stock boom. Biggest intraday gain ( 30%) since Nov. 2015. Hats off to Oprah Winfrey !!
$HSY is planning to cut its global workforce by 15%.
$ACN spreading its arms!! Now into pipeline network and emergency management services, thanks to the latest Davies Consulting buy.