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3Q15 credit card balances of $WFC was up $4Bil or 14% from 3Q14. Net interest income was up $516MM or 5% YoverY. NIM was down 1 BP sequentially; expects to grow net interest income over the long term. Mortgage banking revenue was down $116MM sequentially and origination volume of $55Bil was down 11%.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.