$CL Form 4: On Aug. 17, 2015, Patricia Verduin, CTO exercised 3,333 stock options and acquired the same for $36.61. On the same day, she sold 3,333 shares for $67.46. Post these transactions, she now owns 47,969 shares.
$DFS' total net charge-off rate, excluding acquired loans, was
2.24% in 2016, up 12BP from 2015. Personal loans had originations of $4Bil, an
increase of 31% over the prior year. Growth in originations was largely fueled
by product enhancements and strong execution.
$COF believes that it will deliver solid EPS growth in 2017 due to the strong growth over the last two years, assuming no substantial change in the broader credit and economic cycles. The company expects revenue to grow and drive growth in pre-provision earnings.
$TXN's gross profit in 4Q16 was $2.13Bil or 62.5% of revenue. The increase was mainly due to higher revenue and lower manufacturing cost. Operating expenses were $754MM or 22.1% of revenue, while operating profit was $1.32Bil, up 15% YoverY.