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$EMN generated 2015 operating cash flow of over $1.6Bil. CapEx was $652MM below the previous expectation. The company's net debt stands at $6.7Bil as of year-end reflecting almost $600MM in debt reduction for the year. The full-year dividend was $238MM which included a 15% increase in 4Q15. Effective tax rate for the full year was approx. 25%.
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.