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$DFS' 3Q15 net income benefited from a continued favorable credit environment resulting in record low card and total company net charge-off rates. Net charge-off rate for credit card loans decreased 12 BPs from the prior year to 2.04% and the credit card delinquency rate for loans over 30 days past due decreased 6 BPs to 1.65%.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.