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$WIBC reported loan originations of $276.1MM in 1Q16. Loans receivable, net of deferred fees and costs, fell 1% to $3.79Bil at March 31. Total deposits were $3.85Bil at March 31. Loan yields were 4.61% and total cost of deposits was 0.62% in the quarter.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.