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Morgan Stanley analyst David Lewis probes $MDT regarding FY17 free cash guidance, on the size and timing of anticipated buybacks and potential cash rates. CFO Gary Ellis says that free cash flow guidance will be $6.5-7.0Bil for FY17. The company is going to be more front-end loaded in share buybacks and tax rate is going to be relatively flat.
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.