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$DFS' net interest margin in Direct Banking for 1Q16 was 9.94%, up 24 basis points from the prior year. Card yield was 12.42%, an increase of 37 basis points from last year, due to portfolio mix and the prime rate increase. Interest expense as a percent of total loans increased 11 basis points primarily due to funding mix.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.