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Jefferies analyst Ken Usdin questions $WFC what its interest rate risk is vs. the credit risk in the investment portfolio. CFO John Shrewsberry says that it has a reasonably large allocation to single-family, whole-owned residential real estate due to the jumbo portfolio. All these things fit together in the company's risk appetite.
$TWTR comes out with another round of updates that directly aims at silencing abusers.
$WTW Great marketing execution and overwhelming response to the development strategy is seeing the stock boom. Biggest intraday gain ( 30%) since Nov. 2015. Hats off to Oprah Winfrey !!
$HSY is planning to cut its global workforce by 15%.