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$WEX said it expects the EFS transaction to be accretive to adjusted net income over the next 12 months. Given the timing of the close, the company does not expect the transaction to have a material impact on previously issued guidance for the remainder of 2016. $WEX also expects to realize about $275MM in present value of tax benefits.
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.