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In Sept. 2015, $MYL terminated some forward starting swaps designated as cash flow hedges of expected future issuances of long-term bonds. Resulting from this termination, $MYL incurred losses, net of tax, of approx. $22.4MM which will remain in accumulated other comprehensive earnings until the issuance of bonds in 4Q15 or early 2016.
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.