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$O said it closed its common stock offering of 6.5MM shares. Net proceeds from the offering, before deducting offering expenses, are about $383.8MM. $O expects to use net proceeds to repay borrowings under its $2Bil unsecured revolving credit facility and to fund potential investment opportunities and/or for other general corporate purposes.
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.