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$FHN said it repurchased $11MM or 830,000 shares in 2Q16. The company expanded its restaurant franchise finance business with agreement to purchase $637MM in restaurant franchise loans from GE Capital. The transaction is expected to close in 3Q16. $FHN's common equity tier 1 capital ratio was above 10% in 2Q16.
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.