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Myles Walton of Deutsche Bank asked if production rate moves will impact booking rates in terms of margins. $BA CEO said production rates of 747 coming down and 777 going to 7 a month in 2017 are accounted for in this quarter's booking rate. "All that is accounted for with the investment for the 737, which is to go up to 57 in the 2019 timeframe."
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.