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Financial services institution $PNC said that 1Q16 non-interest income of $1.6Bil fell 6% vs. 1Q15 mainly attributable to weaker equity markets & lower capital markets activity, as well as lower residential mortgage revenue. Provision for credit losses rose to $152MM which included $80MM for energy related loans in the oil, gas and coal sectors.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!