Want to join the conversation?
For 3Q16, $SBUX's effective tax rate came in at 29.7%. The company reported a true-up related to a specific domestic manufacturing tax benefit and the net gain from the Germany sale, most of which was non-taxable. These items had a favorable 260 BP impact on the 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.