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$BBT's mortgage banking income dipped $19MM reflecting lower net mortgage service rates income & decrease in commercial mortgage volume. Other income increased $27MM due to higher income on private equity investments of $22MM partially offset by $18MM of lower income related to assets for certain post-employment benefit expense & 2Q15 pretax loss.
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.