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Oil & gas exploration and production company $OXY posted net loss during 2Q16, hurt by pre-tax loss of $58MM in Midstream & Marketing segment. Net loss was $139MM or $0.18 loss per diluted share vs. net income of $176MM or $0.23 per diluted share in 2Q15. Net sales fell 27% to $2.56Bil vs. 2Q15, hurt by lower revenues in its segments.
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.