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$SPLS's business unit income as a percentage of sales was 1.3% in 2Q15, which was up from 1.2% in the same period last year. The growth reflects increased product margin rates, as well as labor, rent and other operational expense savings, in part from store closures. These increases were partially offset by deleverage of fixed costs on lower sales.
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.