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$T's income taxes increased $733 or 52.8% in 1Q16. The effective tax rate was 35.3% vs. 29.4% for 1Q15. The increase in income tax expense was primarily due to higher income before income taxes in 2016. Postpaid phone-only ARPU was $59.53 at March 31, 2016 & postpaid phone-only ARPU plus AT&T Next subscriber installment billings rose 5.1% in 1Q16.
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.