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$OA said that the Lake City team was unable to reduce the production costs far enough for the contract to be profitable. $OA believes that the Lake City contract incurred a total pre-tax operating loss of approx. $400MM and after-tax loss of $250MM over its 10-year period.
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.