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Tim Hayes of FBR asks about $USB's mortgage revenues in 2H16 and whether the company is seeing any pickup in refis. COO Andy Cecere replied that 2Q16 mix was about 65% new purchases and 35% refinancings and the company expects it to go closer to 60%-40% in 2H16. He added that $USB expects mortgage fees to continue to increase in the 20-30% range.
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.