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$SXI said in 4Q16 gross margin grew on a GAAP and a non-GAAP basis despite the drop in revenue. Adjustments from GAAP to non-GAAP operating income were $8MM. The company said the GAAP tax rate of 13.9% in 4Q16 was due to the impact of the RPM divestiture along with a charitable contribution of vacant real estate and the mix of US to foreign income.
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.