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Buckingham Research analyst James Mitchell questions $BAC whether core loan growth of 9% and net loan growth of about 2.5% will inflect more. CFO Paul Donofrio says that as the company gets out to 4Q16 and next year, it will get more optimistic about being able to grow given the current pace of deposit and loan growth.
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.