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$BAC grew deposits $12Bil from 2Q15 while long-term debt was down by approx. $6Bil. Liquidity rose to $500Bil, a record level. Tangible book value increased 10% YoverY and tangible common equity ratio was up 7.8% as asset growth was outpaced by equity improvement. $BAC loans on an EOP basis was up $1.2Bil from 2Q15.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.