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$KSS said for 1Q16 it reported $64MM of expenses related to store closures and corporate restructuring announced earlier this year. The charge includes $53MM of impairment charges on the 18 stores, which the company will close later this year. The balance $11MM is mainly termination benefits for employees impacted by the closures and restructuring.
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.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.