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$CSX has achieved over $340MM of efficiency gains YTD and now expects full-year 2016 productivity savings to be about $400MM. For 4Q16, $CSX expects restructuring costs of $48MM. Labor inflation is expected to be around $30MM. $CSX expects 4Q16 reported EPS, including the impact of the extra week, to be flat to slightly down vs. last year.
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.