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$APD said that it has reduced its overhead costs by $300MM and the company has plans to achieve an additional $300MM of operational cost savings in the next four years. The EBITDA margin improved by 500 BP, which increased free cash by $200MM and increased EPS by 15%. $APD's ROCE is up 160 BP to 11.7% during 1Q16.
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.