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Mike Mayo of CLSA probes into the question of return on equity going into the double digit range. $BAC CEO Brian Moynihan said that adjusting for FAS 91 and FAS 123, the company's return on tangible with common equity would be approx. 8.5%. The key is to continue to make progress on expenses and $BAC has done that with expenses down 6% YoverY.
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.