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Used car dealership chain $KMX reported a 5.7% decline in 2Q17 earnings due to modification of equity awards held by its recently retired CEO, while EPS rose 2.4% on lower weighted average common shares. Net income was $162.36MM or $0.84 per share, compared to $172.23MM or $0.82 per share last year. Revenues grew to $4Bil from $3.88Bil.
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.