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As part of the IS&GS transaction, $LMT received a $1.8Bil special cash payment, which will be used to repay debt, pay dividends, and/or repurchase its stock. As a result of the exchange offer, $LMT reduced outstanding shares of its common stock by 9.4MM shares, or approximately 3% of the outstanding common shares.
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.