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During 1Q17, $KMX's ending allowance for loan losses at $104MM was 1.05% of ending managed receivables vs. 0.94% in 1Q16 & 0.99% in 4Q16. For loans originated in the quarter, the weighted average contract rate charged to customers was 7.5% similar to 7.4% in 1Q16. Total interest margin fell to 5.9% of average managed receivable vs. 6.3% in 1Q16.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!