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$HON 2Q15 Call: Friction Materials divestiture, foreign currency & raw materials pricing in resins and chemicals all resulted in reported sales decline. Free cash flow was $1.2Bil, 5% higher than 2014. Free cash flow conversion was 98%. Company expects to be in net cash position of $1-2Bil by year-end if there is no significant M&A.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.