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$WFC said its loans in 1Q16 grew 10% from a year ago and 3% from 4Q15. Commercial loans grew $31.6Bil sequentially, including $24.9Bil from the GE Capital acquisitions and broad-based organic growth. The company stated that consumer loans declined $923MM from 4Q15 and total average loan yield grew 8 BPs from 4Q15.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.