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$TMO 2Q15 Call: Adjusted SG&A in Q2 was 21.7% of revenue, which is 170 basis points favorable to Q214 driven primarily by volume leverage & our cost synergy & productivity actions. R&D expense came in at 4.1% of revenue, 20 basis points below Q2 last year. R&D as a percent of our manufacturing revenue in Q2 was 6.4%.
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.