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In 1Q16, $ETFC had net interest income of $287MM. Net interest margin of 281BP increased due to the full-quarter impact of the Fed rate hike coupled with slower prepayment speeds on the securities portfolio. $ETFC expects net interest margin for full-year 2016 to be 260-265BP.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?