There's so much news happening around the world that we're somehow supposed to stay on top of.

That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart

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I'm Wes Kossova.

Each weekday I dig into one important story and talk about why it matters.

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This is Bloomberg Surveillance.

Good morning, 730 on Wall Street. I'm Michael McKee, along with Tom Keene.

It's Financial Firm Earnings Day, Bank of America earnings just out to profit down 13% and we saw, well we're

going to see Wells Fargo later today.

Black Rock, first quarter profit, down 20%, blame the global stock market slump earlier in the year.

Net increase income, decreasing to $557 million, $3.92.92 cents a share from 822 million or 484 a year earlier.

Adjust profit for earnings.

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