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In 1Q16, $STI's average loan balance rose 4% versus 1Q15, with growth across most loan categories. Average consumer and commercial deposits grew 6%. Nonperforming loans increased $303MM and represented 0.70% of total loans at March 31. Net charge-offs were $85MM, or 0.25% of average loans on an annualized basis, down $14MM versus 1Q15.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!