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$DRI said that Olive Garden's 3Q16 segment profit of $220.1MM was $18.7MM higher vs. 3Q15 and segment profit margin was 21.6%. All segments significantly improved quarterly profit led by LongHorn Steakhouse's segment profit growth of $19.1MM, up 29% vs. 3Q15 and segment profit margin increase of almost 400 BP to 20%.
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.