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$SHAK raised its FY16 total revenue outlook to range of $253-256MM from prior estimate of $245-249MM. The company now expects FY16 same-Shack sales growth of 4-5% and adjusted pro forma effective tax rate of 40-41%. $SHAK lifted forecast for total new domestic company-operated Shacks to be opened in 2016 to 18 from 16.
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.