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Oppenheimer analyst Rupesh Parikh asks $WFM to provide clarity on the $300MM in savings, whether there will be more benefits this year or in 2017. CFO Glenda Flanagan says that the company made measurable progress on this $300MM savings target in 2016 with the large restructuring and other initiatives. But there will be more benefits in 2017.
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.