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$SYF said that its net interest income for 1Q16 grew 11.6% YoverY to $3.2Bil, primarily driven by strong loan receivables growth. Loan receivables rose 13% YoverY to $66Bil. Provision for loan losses increased 31.4% to $903MM for the quarter. In addition, purchase volume for the quarter grew 17% YoverY, and deposit grew 29%.
$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?