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Quentin McMillan of KBW asks about the reinsurance brokerage bouncing back after some negative growth; how revenue recognition is accounted. $AON CFO, Christa Davies replies by saying that the company accounts for revenue and reinsurance over a 12 month period. Therefore, what's seen in 4Q15 is revenue over the last 12 months.
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.