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Carter Copeland of Barclays asks about aviation margin. $TXT said there was incremental impact from Longitude R&D. In 1H16, $TXT incurred high levels of spending in R&D in aviation related to Longitude. The spending number for the whole year will be as per $TXT's expectations but in 2H16, there will be a significant reduction.
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.