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$WMT 1Q16 10-Q: Total revenues were $114.83Bil vs. $114.96Bil in 1Q15. Net sales were $114Bil vs. $114.17Bil in 1Q15. Cost of sales was $86.48Bil vs. $86.71Bil in 1Q15. Operating income was $5.68Bil vs. $6.19Bil in 1Q15. Net income was $3.34Bil vs. $3.59Bil in 1Q15. Comprehensive income was $1.91Bil vs. $3.88Bil in 1Q15.
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.