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Banking giant $BAC's 2015 net interest income on an FTE basis fell $661MM to $40.2Bil vs. 2014. The net interest yield on an FTE basis fell 5 BP to 2.20% for 2015. These declines were mainly driven by lower loan yields and consumer loan balances, as well as a charge of $612MM related to the discount on certain trust preferred securities.
$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?