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Joe Morford of RBC Capital Markets asks about reinvestment rates in the investment portfolio. $BOH said the differential was a negative 17BP. The ones that were sold in 2Q16 was at a yield of 2.03% and the ones that the company bought was at 1.86%.
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.