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On July 11, 2016, the IRS approved a final settlement for $TXT's 1998-2008 tax years. Due to this, in 3Q16, $TXT expects to record an income tax benefit, including reversal of accrued interest, of approx. $315MM, of which approx. $200MM or $0.74 per share is attributable to continuing operations.
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.