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Richardson, Texas-based climate control solutions provider $LII reported higher profit in 1Q16, reiterated 2016 revenue guidance and raised 2016 EPS guidance. Net income for the quarter was $24.9MM, or $0.57 per diluted share, up 79% from $13.9MM, or $0.31 per diluted share, in the prior-year quarter. Revenue rose 4% YoverY to $715MM.
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.