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$STL, through its principal subsidiary Sterling National Bank, said it has sold its residential mortgage origination operations to Freedom Mortgage. The sale continues its strategy of focusing on commercial middle market clients by reallocating its capital and human resource investments where it can provide most value to clients and shareholders.
$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.