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Homebuilder $CAA reported a rise in 1Q16 earnings driven by higher new orders and home sale revenues, despite a decline in average selling price. Net income rose to $72.55MM or $0.52 per share from $23.88MM or $0.40 per share last year. Total revenues grew to $1.19Bil from $470.28MM. Adjusted earnings was $83.7MM or $0.60 per share for 1Q16.
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.