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Communications systems company $CMTL reported a net loss of $14.4MM or $0.89 per share for 3Q16 compared to a net income of $5MM or $0.30 per diluted share for 3Q15, hurt by higher expenses. Net sales grew to $124.2MM versus last year. The increase in net sales reflects incremental sales of approx. $66MM from the acquisition of TCS.
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.