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Homebuilding company $PHM posted higher 2Q16 results with YoverY growth in signups, closings, revenues and earnings. Net income was $118MM, or $0.34 per share vs. $103MM, or $0.28 per share in 2Q15. Home sale revenues climbed 41% to $1.8Bil vs. 2Q15, helped by a 27% increase in deliveries to 4,772 homes, with a 11% rise in ASPs to $367,000.
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.