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$AIG said the company is projecting a 2-4 BP quarterly decline in net spreads. For the annuity businesses, the company expects the primary impact to be a decline in volumes as the company frequently re-evaluates its products to ensure it meets its return targets. $AIG also said the company anticipates a 25-35 BP reduction in 2017 normalized ROE.
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.