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$DAL said it lowered its 2Q16 operating margin guidance to about 17% from prior estimate of 21%. The company sees cargo and other revenue of $1.5Bil, average fuel price per gallon of $1.95-2.00, profit sharing expense of $315-325MM and non-operating expenses of $140-150MM for 2Q16. $DAL's 2Q16 results will reflect a 34% tax rate.
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.