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$HBHC said that the company will further increase its allowance for loan losses within its energy portfolio by about $42MM during 4Q15. As a result, the allowance for the company's $1.6Bil energy portfolio will be just under 5% at 2015-end. The energy-related allowance at Sept. 30, 2015 was $35.2MM or 2.12% of energy loans.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.