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$STL, through its principal subsidiary Sterling National Bank, said it has sold its residential mortgage origination operations to Freedom Mortgage. The sale continues its strategy of focusing on commercial middle market clients by reallocating its capital and human resource investments where it can provide most value to clients and shareholders.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?