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$FITB 2Q15 PR: Portfolio NPA ratio of 0.67% down 9BPs from 1Q15, NPL ratio of 0.51% down 6BPs from 1Q15; total nonperforming assets of $627MM, including loans held-for-sale, declined $66MM sequentially. Nonperforming loans were $475MM or 0.51% of total loans, leases and OREO, and decreased $51MM, or 10%, from 1Q15.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?