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Evan Calio of Morgan Stanley asks about $XOM's decision to cut buyback. VP of IR, Jeff Woodbury, replied that the decision doesn't at all reflect the quality of inventory. He added that $XOM will continue to evaluate the buyback program on a quarterly basis, depending on changes in the business and investment climate.
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.