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$CMA said that it delivered nearly $1.7Bil of net interest income in 2015, up $34MM or 2% mainly due to loan growth. Credit quality was strong with net charge-offs of $75MM or 15 BP of average loans for the full year, while allowance for loan losses rose $40MM vs. 2014 helped by increases in reserves related to Energy, Technology and Life Sciences.
$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?