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Payments solutions company $PAY reported a decrease in 2Q16 earnings due to difficult market dynamics. Net income decreased to $2.9MM or $0.03 per share in 2Q16 compared to $17.6MM or $0.15 per share in 2Q15. Total net revenues grew 7.4% to $526.3MM from last year. Non-GAAP net revenues were $532MM and non-GAAP EPS was $0.47 in 2Q16.
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.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.