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Basic apparels maker $HBI reported a 52.5% jump in 1Q16 earnings driven by multi-year acquisition strategy and continued improvement in core business opeating margin. Net income rose to $80.27MM or $0.21 per share from $52.64MM or $0.13 per share last year. Net sales grew to $1.22Bil from $1.21Bil. Adjusted EPS increased by 18% to $0.26.
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.