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$BAC said that general deposit flows, on a lending basis, were flat during 2Q16 as inflows were partially offset by outflows to fund seasonal tax payments. Total assets were stable vs. 1Q16 with loans increasing modestly, security balances rising & cash down. Tangible common equity of $170Bil rose by $3.6Bil from 1Q16 driven by earnings and OCI.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.