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$NOC's operating income for 1Q16 declined by 5% and operating margin decreased 70 points to 12.4%, reflecting fall in segment operating income and lower net FAS/CAS pension adjustment than last year. Segment operating income fell by $701MM and segment operating margin slid 50 points to 11.8%, due to lower operating income for Aerospace Systems.
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.