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During 3Q15, $DFS' total loans grew $2.7Bil or 4%, from the prior year to $70.1Bil. Credit card loans grew $2Bil or 3.6%, to $55.7Bil and Discover card sales volume increased 2.6% from the prior year or approx. 7% excluding gas purchases. The company's return on equity for the third quarter of 2015 was 22%.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.