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$WM 2Q15 Call: SG&A cost declined $31MM vs. 2Q14. Net cash provided by operating activities was $816MM vs. $555MM in 2Q14, up $261MM. Free cash flow was $579MM, up $245MM YoverY. For 2015, expects CapEx to be at the high end of the guidance range of $1.2-1.3Bil and free cash flow between $1.4-1.5Bil.
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.