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For 3Q16, $DRI's LongHorn Steakhouse same-restaurant sales grew 2.7%, outperforming the industry excluding $DRI by over 400 BP. Same-restaurant traffic was slightly negative for 3Q16. The company withdrew its price point activity and optimized its media spend to be more effective, which contributed to LongHorn's 29% increase in segment profit.
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.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.