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Climate control solutions provider $LII realized strong margin expansion and profit growth across all three businesses in 2Q16, which set new record highs for the company. Operating income rose 23% to $161MM and operating margin expanded 260BP to 15.8%. Total segment profit rose 20% to $161MM and total segment margin expanded 230BP to 15.8%.
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.