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For 1Q16, $OZRK's net interest income rose 31.6% to $112.5MM vs. $85.5MM for 1Q15. Net interest margin on a fully taxable equivalent basis fell 50 BP to 4.92% for 1Q16 vs. 5.42% for 1Q15. Non-interest income fell 31.7% to $19.9MM vs. $29.1MM for 1Q15, while net gains on sales of other assets decreased to $1.03MM during 1Q16.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.