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$DFS said that in 1Q16, operating expenses were up $13MM over the prior year. Total employee compensation increased $14MM, driven primarily by higher headcount and annual merit increases. Marketing expenses decreased $20MM due the timing of card marketing and elimination of mortgage marketing activities.
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.