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$FHN's 1Q16 total loans were up 2% in linked quarter and 7% YoverY. Fixed income fee revenues were strong, up 8% linked quarter and 9% YoverY. The company said that the adjusted expense of $223MM includes higher variable compensation related to fixed income revenues and the normal seasonal impact of 1Q16 FICA.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?