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$MCHP FY15 10-K: Had an effective tax rate of -5.6% in fiscal 2015, 8.6% in fiscal 2014 and 16.3% in fiscal 2013. Effective tax rate in fiscal 2015 includes $33.1MM of benefits related to audit closures and expirations of the statute of limitations on various tax reserves, which reduced the effective tax rate by 9.6%.
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.