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During FY16, $GIS reported net sales of $16.6Bil, down 6% as reported and down 2% in constant currency. Organically, net sales rose modestly and total segment operating profit rose 1% in constant currency to $3Bil. Net earnings rose 39% to $1.7Bil and diluted EPS was $2.77 as reported. Adjusted diluted EPS was $2.92, up 2% from FY15.
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.