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$ADS 2Q15 10-Q: ADS has certain credit card portfolios held for sale, which are carried at the lower of cost or fair value, or $32.7MM and $76.2MM as of June 30, 2015 and Dec. 31, 2014, respectively. In June 2015, ADS sold one credit card portfolio previously classified as held for sale for cash proceeds of $26.9MM and recognized a de minimus gain.
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.