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$BAC's provision for credit losses for 3Q16 rose to $850MM from $806MM in the previous year quarter, due to a lower reserve releases. Net reserve release was $38MM, down from $126MM in 3Q15, as reserve releases in consumer were mostly offset by increased commercial reserves.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.