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$CPB's cost inflation was about 2-3%, but core ingredients, packaging & energy components is about 1%. Within that the key drivers would be five categories; vegetables, flavors, sweeteners, chocolates and in eggs, looking at inflation rates of close to 50% in FY16. FX impact of input costs on Canadian & Australian businesses is fairly significant.
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.