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Samuel Eisner from Goldman Sachs probes on inventory management going forward. $RBC said it had too much inventory at the end of the year, impacting revenue. Consequently, the company took $18MM of inventory out in 1Q16. $RBC doesn't expect as substantial as 1Q16, but expects ongoing improvement in inventory moving through the rest of the year.
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.