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In 4Q15, $EW's gross profit margin was 73.8%. SG&A expenses modestly decreased to $222MM and R&D expenses grew to $98MM. FX rates negatively impacted 4Q15 sales by $35MM versus 4Q14, driven by the weakening of the euro and yen. At current rates, $EW expects a $55MM negative impact to FY16 sales.
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.