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$MKC said that through year-to-date 2016, cash flow from operations was $322MM, up slightly from the year ago period. The impact of higher net income was offset in part by a pension contribution, timing of tax payments and an increase in trade receivables this period. For 3Q16, the company's cash conversion cycle was down from the year ago period.
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.