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$STI 1Q15 10-Q: Efficiency ratio improved to 64.2% from 66.8% in 1Q14. Tangible efficiency ratio improved to 63.9% vs. 66.7% in 1Q15 despite $48MM reduction in commercial loan swap income. Total NPLs declined 3% vs. Dec. 31, 2014 and 34% vs. 1Q14. Net charge-off ratio was 0.30%, generally stable vs. 4Q14 and 1Q14 as charge-offs remained low.
$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?