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$VIPS 2Q15 Q&A: For the question on margin improvement asked by Wong of Merrill Lynch, Donghao said that the company’s idea now is to reinvest some of the profits back to the business to drive top line growth, while maintaining the current margin level. The current margin level is sustainable in the long term, replied Donghao.
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.