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$LNKD, which has agreed to be bought by $MSFT in a $26.2Bil deal, reported a wider quarterly loss as costs & expenses exceeded revenue. The company reported 2Q16 net loss of $118.74MM, or $0.89 per share, compared with a net loss of $67.75MM, or $0.53 per share a year ago. Total revenue increased 31% to $933MM. Expenses stood at $938.27MM.
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.