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The Luvata acquisition increases $MOD's industrial business portfolio to about 40% of sales, leverages expertise in global HVAC&R markets, broadens customer base and reduces cyclical exposure, and expands margin and growth profile. The acquisition is expected to immediately add to EPS before expected benefit of $15MM of cost synergies.
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.