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Minneapolis, Minnesota-based banking giant $USB reported lower profits for 4Q15 due to higher provision for credit losses & lower noninterest income, impacted by the 2014 Nuveen gain. Earnings fell 0.8% to $1,476MM, or $0.80 per diluted share, compared to $1,488MM or $0.79 per diluted share a year ago. Revenue grew 0.8% to $5,211MM for the quarter.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.