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$HBHC, the holding company of Whitney Bank and Hancock Bank, reported a rise in 3Q16 earnings driven by cost savings and lower level of taxes. Net income rose to $46.72MM or $0.59 per share from $41.17MM or $0.52 per share last year. Net interest income grew to $163.51MM from $156.83MM and non-interest income increased to $63.01MM from $60.21MM.
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!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.