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$SJM 1Q16 Call: GAAP earnings includes $26MM of special project cost related to merger integration activities compared to $9MM of such costs in prior year. Also included $10MM of unallocated derivative losses compared to loss of $21MM last year. Excluding these, non-GAAP EPS was $1.32 or decrease of 1%. Excluding amortization, EPS was $1.60, up 7%.
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.