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Data storage giant $STX reported a rise in 1Q17 earnings driven by strong position to grow its businesses, improved margins and cash flow as well as lower operating expenses. Net income rose to $167MM or $0.55 per share from $34MM or $0.11 per share last year. Revenue fell to $2.8Bil from $2.93Bil. Non-GAAP EPS increased to $0.99 from $0.54.
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.