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Wells Fargo analyst Ike Boruchow questions about the moving pieces to get to the low double-digit sales decline outlook for FY17. $RL says that it is driven by a combination of things and store closures play a big role as it relates to the Retail business. The company is planning Retail comps at mid-to-high single-digit level for the rest of FY17.
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.