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As of Dec. 31, 2015, about 57% of $MHK's debt portfolio was comprised of fixed-rate debt and 43% was floating-rate debt. The annual impact on interest expense of a one-percentage point interest rate change on the outstanding balance of variable rate debt as of Dec. 31, 2015 would be about $14MM or $0.12 to diluted EPS.
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.