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For 2015, $HBI's 8% revenue growth was driven by acquisitions as core business ended flat with sales decline in 4Q15. Operating profit rose 13% or nearly $100MM due to the addition of roughly $50MM from acquisitions and 150 BP increase in the core operating margin. EPS grew 17% driven by growth in operating profit and lower tax rate.
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.