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Stifel Nicolaus analyst John Baugh asks about the pressure LVT is putting on laminate by suggesting that capacity is in Europe and not in the US. $MHK CEO Jeffrey Lorberbaum said that laminate is focused on the mid-to-high range of business. $MHK is introducing new higher styled products made by different equipments which is gaining share.
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.