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$TIF now expects 2016 earnings to decline about 10% compared to previous estimate of 5-10% fall, from last year's $4.20 per share. The prior year's EPS excludes loan impairment charge in 2Q15 and debt extinguishment charge in 2014. Also, this forecast excludes charge of 4 cents per share being recorded in 4Q for staff and occupancy reductions.
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.