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$MMM 2Q15 PR: Net sales were $7,686MM compared to $8,134MM in 2Q14; sales declined 5.5% YoverY to $7.7Bil. Organic local-currency sales grew 1.8% and foreign currency translation reduced sales by 7.3% YoverY. Net income was $1,300MM compared to $1,267MM in 2Q14; 3M converted 74% of net income to free cash flow.
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.