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$AN CEO Mike Jackson said that in 4Q15, new and used vehicle margins combined, declined by $217 per vehicle retailed, or 11% vs. 4Q14. 2015 new vehicle inventories rose 13% on a same store basis vs. 2014, helped by a 49% rise in Premium Luxury inventories. $AN expects industry new vehicle unit sales to exceed 17MM in 2016.
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.