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John McDonald of âSanford Bernstein asks about net interest income and margin. $STI said it expects NIM to decline in 3Q16 and 4Q16. The main driver of this would be new production yields across many portfolios, which are a bit lower than current portfolio levels. Another driver would be because $STI is building its securities portfolio.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.