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$MO posted a 13.5% increase in 2Q16 earnings, helped by higher operating companies income in the smokeable and smokeless products segments versus 2Q15. Net earnings were $1.65Bil or $0.84 per diluted share versus $1.45Bil or $0.74 per diluted share in 2Q15. Net revenue fell 1.4% from last year to $6.52Bil. Adjusted diluted EPS was $0.81.
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.