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Wells Fargo analyst William Warmington questions on the progression of organic growth for the year. $CVG CFO Andre Valentine says that for 2Q16, it would be down 3-4% sequentially. By applying some currency impact YoverY, it would be down about 1%. Due to the YoverY GAAP shrink, there will be modest YoverY growth in 2H16.
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.