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Ken Usdin with Jefferies asks a question on $FITB's fee outlook. CFO Tayfun Tuzun says, given the interest rate movements, the company is expecting a good quarter in mortgage in terms of fee revenue, and the pipeline is looking strong. In Corporate fees, $FITB expects a healthy environment in Q4, Tuzun added.
$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?