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$CB's 4Q15 investment income was $532MM, down 7.7% vs. 4Q14, reflecting unfavorable foreign currency movements of $14MM, a decline in private equity distributions of $10MM and a decrease in call premiums from the corporate bond portfolio of $15MM. Net realized and unrealized losses after-tax was $605MM for the quarter.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.