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Edward Caso of Wells Fargo Securities asks about capital deployment priorities. $CSRA said to date it has deployed about $268MM to debt paydown and about $100MM to shareholder returns. $CSRA is in the 30% range for shareholder returns and 70% for debt paydown. Long-term guidance is 50% for debt paydown, 40% for shareholder returns and 10% for M&A.
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.