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In Oct. 2015, $ROK initiated certain restructuring actions primarily due to continued weakness in the business aviation market. $ROK expects to record pre-tax restructuring charges of $35-45MM in 1Q16, mainly consisting of employee severance costs. The bulk of the cash payments associated with these actions are expected to occur in 1Q16 and 2Q16.
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.