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$DVN reduced gross general and administrative expenses for 1Q16 by 5% from 4Q15, primarily through cost reduction initiatives resulting from Feb. 2016 workforce reduction, full benefits of which have yet to be realized. The reductions are expected to decrease gross general and administrative costs by about $400-500MM on annualized basis.
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.