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For 4Q16, $CMA expects average loans to be stable and net interest income to be slightly higher from 3Q16. Provision for credit losses are expected to remain low and noninterest income is expected to be relatively stable. $CMA expects noninterest expenses to be lower versus 3Q16. Income tax expense is expected to be approx. 30% of pre-tax income.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.