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Retailer $DG said that under the Revolving Facility, as of April 29, 2016, the company had outstanding borrowings of $271MM, outstanding standby letters of credit of $32.8MM, and borrowing availability of $696.2MM. Additionally, as of 1Q16-end $DG had outstanding commercial letters of credit of $15.9MM which were pursuant to a separate agreement.
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.