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$ATI expects pre-tax, non-cash impairment charges of $470MM for idled facilities and pre-tax shutdown and idling costs of $34MM. Company expects $183MM, or $1.71 per share, in non-cash income tax allowance related to US federal tax benefits. Total charges are expected to be $4.89 per share, of which $4.83 is expected in 3Q16 and rest in 4Q16.
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.