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GD's net debt at the end of 3Q15 was at $41MM in excess of cash compared to a net cash balance of approx. $660MM at 2Q15-end due to the capital deployment activity. Effective tax rate was 27.6% in 3Q15, lower than expected; for FY15, tax rate is expected at 28%.
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.