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Airlines company $AAL reported a decrease in 1Q16 results hurt by lower revenues. Net income in 1Q16 was $700MM or $1.14 per share compared to $932MM or $1.30 per share in 1Q15. Total revenue declined 4% to $9.4Bil versus 1Q15 due to competitive capacity growth, continued macroeconomic softness in Latin America and foreign currency weakness.
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.