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$WFC's expenses rose $402MM sequentially, hurt by $243MM of higher operating losses, reflecting higher litigation accruals. $WFC expects operating losses to continue to increase going forward related to outstanding legal matters like sales practice issues. Efficiency ratio for 3Q16 was 59.4% and this ratio is expected to remain at higher levels.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.