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Power company $SO reported a 9% rise in 2Q16 earnings on higher revenues. Net income rose to $638MM from $629MM last year, while EPS slid to $0.68 from $0.69 due to lower shares outstanding. Adjusted EPS grew to $0.77 from $0.71, driven by retail revenue effects and lower non-fuel operating and maintenance costs. Revenue rose 2.7% to $4.45Bil.
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.