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Defense contractor $CACI reported a 5.4% rise in 4Q16 earnings on strong contract performance and acquisition of National Security Solutions business as well as lower tax rate. Net income rose to $43.6MM or $1.75 per share from $41.38MM or $1.68 per share last year. Revenues jumped 28.7% to $1.11Bil. Adjusted EPS grew 7.5% to $2.35.
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.