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$WDC's research and development, or R&D, expense for 1Q16 decreased by 12% from last year. This decrease was primarily result of additional week of operating expenses during 1Q15 and lower incentive compensation in 1Q16 as compared to last year. As a percentage of net revenue, R&D expense rose to 11.5% from 11.1%.
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.