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Factory automation systems maker $ROK posted 2Q16 net income of $168MM or $1.28 per diluted share vs. $206MM or $1.51 per share in 2Q15. Adjusted EPS was $1.37, down 14% vs. $1.59 in 2Q15. 2Q16 sales were $1.44Bil, down 7.1% vs. 2Q15, while organic sales declined 3.6% and currency translation reduced the company's sales by 3.5%.
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.