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$BBT's total securities portfolio was $46.5Bil at March 31, 2016 versus $43.8Bil at Dec. 31, 2015. As of March 31, 2016, the securities portfolio included $27.1Bil of AFS securities at fair value and $19.4Bil of HTM securities at amortized cost. The effective duration of the portfolio was 3.5 years at March 31, 2016 versus 4 years at Dec. 31, 2015.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.