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$BRK.B's provisions for loan losses for 9 months of 2015 was $119MM, down from $143MM last year. Loan charge-offs, net of recoveries, fell to $136MM from $157MM. In 2015, $BRK.B's reclassified $93MM of allowances for uncollectible loans and related installment loan receivables that were in-substance foreclosures or repossessions to other assets.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.