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For 4Q15, $PBCT's residential mortgage loans increased $76MM from Sep. 30, 2015. Average residential mortgage loans totaled $5.4Bil in 4Q15, an increase of $153MM, or 12% annualized, from 3Q15. Home equity loans increased $12MM, or 2% annualized, from Sep. 30, 2015. Average home equity loans totaled $2.1Bil in 4Q15, unchanged from 3Q15.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.