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Marketer of innovative home appliances $WHR said 1Q16 sales in Latin America were $705MM. Excluding the impact of currency, sales declined 4%. Industry in Brazil was down 13%, which was in line with the company's forecast of down 10% for the full year. Operating profit totaled $42MM, nearly 6% of sales compared to 6.6% in 1Q15.
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.