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$KSS 2Q15 Q&A: Charles Grom from Sterne Agee asked about the $17MM benefit on interest expense of the guidance. Wesley said the $17MM is annual number, so it is more or like between $3-4MM a quarter. We still believe our guidance for gross margin will end up between flat & 20BP for year & SG&A would be closer to higher end for year between 1.5-2.5%
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.