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$JPM's provision for credit losses for 2Q16 rose to $1.4Bil from $935MM last year. This was due to reserve increases in the current quarter versus reserve releases in the prior-year quarter, and higher net charge-offs. Non-interest expense declined by 6% to $13.6Bil, on lower legal expense and continued expense reduction initiatives.
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.