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$MHK 2Q15 Call: Cash ended quarter at about $170MM, that's up from last year with residual cash from the acquisitions in Europe. Will use these residual amounts in 3Q15 to pay down European revolver. Receivables ended the quarter at $1.388Bil with days sales outstanding at 54 days, slightly up from 52 in 2Q14.
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.