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A U.S. court reversed a $1.27Bil penalty imposed on $BAC as it overturned a a jury's finding that the bank was liable for mortgage fraud that contributed to the 2008 financial crisis. The U.S. Court of Appeals for the Second Circuit said there was insufficient evidence that mail and wire fraud was committed by $BAC's Countrywide Financial unit.
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.