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$FISV said that adjusted revenue for 2Q16 grew 6% to $1.3Bil and increased 5% to $2.5Bil in 1H16. Adjusted operating income increased 6% to $413MM and is up a healthy 7% YTD to $812MM. Adjusted operating margin was 31.9% in both the quarter and YTD periods, increasing 10 BP and 40 BP respectively over prior-year periods.
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.