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Sam Eisner of Goldman Sachs asks about currency exposure in the EMEA region. $WHR said the EMEA region faces the most impact from the British pound and the Russian ruble. The combined impact from these regions in 2Q16 was $30MM. $WHR expects to compensate for currency losses in 2H16 through cost base price increases.
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.