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$VFC's selling, general and administrative expenses as a percentage of total revenues decreased 10BP in 2015 compared with 2014. In 2015, operating margin increased 170BP to 13.4% from 2014. Net interest expense increased $2.4MM to $82.3MM in 2015. The effective income tax rate was 22.1% in 2015 compared with 22.5% in 2014.
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.