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Julien Dumoulin-Smith of UBS asks about the earnings contribution lost from the asset sales seen thus far. $AES CEO Andres Gluski said in its forecast through 2018, the company has modest decrease in earnings from those sales. He added that it depends on the asset one is selling and its risk profile, whether it be accretive or dilutive.
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.