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$COST's 2Q16 effective tax rate was positively impacted by immaterial discrete net tax benefits. The provision for income taxes in 2Q16 was favorably impacted by discrete net tax benefits of $45MM, mainly due to a $57MM tax benefit recorded in 2Q15 in connection with the special cash dividend paid to employees through the 401(k) Retirement Plan.
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.