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$BBT's net interest margin was 3.35%, flat vs. 3Q15 and in line with the guidance. The company's core margin was 3.12%, down 3 BP. GAAP and core margins were affected by larger balances at the Fed and lower loan yields. $BBT expects GAAP and core margins to rise modestly in 1Q16 helped by higher rates on earning assets.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!