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Paint and coatings maker $VAL reported a 11% drop in 2Q16 earnings due to lower sales in Coatings segment as well as higher proposed merger-related and restructuring charges. Net income fell to $80.03MM or $0.99 per share from $90.31MM or $1.09 per share last year. Net sales declined 2% to $1.06Bil. Adjusted EPS rose to $1.22 from $1.11.
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.