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$FITB 2Q15 Call: Loan growth led by C&I which was up 3% both sequentially and YoverY. Strong deposit growth, continued with core deposits up $2.3Bil from 1Q15, driven primarily by demand deposits with those balances up 5% sequentially and up 13% over 2Q14. Fee income was up $50MM sequentially. Mortgage banking was up $31MM from 1Q15.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.