(WL) Wilmington Trust – Bear of the Day
Wilmington Trust’s (WL) second-quarter earnings came in ahead of the Zacks Consensus Estimate, aided by strong growth in client services business and improvement in net interest margin. However, credit quality deteriorated drastically during the reported quarter. In 2009, both S&P and Moody’s lowered their outlooks on the company to negative and downgraded the ratings based on [...] (WL) Wilmington Trust – Bear of the Day
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