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For the portfolios we manage. We are, instead, putting on a one by two trade right here approximately at the 115 level in the stock. Thats what we started to do yesterday. We thought that the stock has still more room to run. Weve only heard what weve heard, of course, from sprint and t mobile. Apple isnt going to tell us anything for quite a while, and i think well hear more from at t and verizon. I think its all going to be good news. Everybody on the desk likes the stock. Do you think this move is justified . Sort of in the velocity of it . Yeah, i do. I think it was also very underowned. I went and looked at the weightings of apple in the s p 500. 3. 4 . I would venture to guess that many Portfolio Managers under underweight. You could have been underweight for most of the year, right . It it was the right call. For them just to get to market weight in this position i think thats what you are seeing here, and in addition, ....
Senate Banking Committee cherish charred shelby. The committee will come to order. Today, well learn more about the events and the circumstances, that led to the enforcement action against wells fargo by the City Attorney, and the occ and the c. F. Pb. But first today, well receive testify from john stumpf, hes the c. E. O. And chairman, who is was us. Welcome. We will then here from the Los Angeles Deputy cheer whose office was the first for commence the action and finally from the occ and. C. F. Pb. We look forward to hearing from both panels because much remains unclear about what transpired at wells fargo and the regulators response. It appears that wells fargos own analysis concluded that think seanlsd of its employ piece opened more than 2 million account thats may not have been author raised. Subsequent lick ....
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Mixes. Costco short of expectations, and l brands highway. Bank of america nearlying a 17 billion settlement with justice. 21st century fox Beat Estimates as mur dork says he walked away, and one metric inspiring the ceo to pen a colorful post on facebook. First up, same store sales number trickling today, costco had a 5 rise, shy of expectations. Sharply above estimate of 1. 8. Bath and body works doing well, victorias secret, the most consistent retailer in america . L brands stumbled, and monthtomonth numbers are difficult. You know, Goldman Sachs said its the number one name, got to love it, greatest thic eses ese world. Thats not what you want going into a number. The bar raised needlessly. This is a company i felt was part of the limited family. Its better in another home, but its out there. People say you put costco together with whats happening, and polo, guidance asid ....
Reporter typically, they release the name of officers involved in shooting. We are fearful of retaliation from the officers by the son or of associates. Once we have taken care of those safety issues, we will be providing their names. Reporter here is why. Leavys son was arrested last week for selling heroin on the streets in pleasanton. Hayward pd is worried about him calling shots from behind bars. We are still looking for details on who his associates were. And who he is involved with. Reporter another plot. Atf agents have joined this investigation because it is alleged that he has a an ammunition device. They are not revealing the names of their officers. Live in hayward, andria borba, kpix5. Tonight, we learned an Oakland Police officer was arrested for trying to impress a waitress at this San Francisco ihop. He pulled out his gun to impress the waitress, but she got sca ....