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$CXW announced a restructuring of its corporate operations and implementation of a cost reduction plan. $CXW expects that 50 to 55 full time positions will be eliminated as a result of the restructuring, or about 12% of corporate workforce at its headquarters. $CXW expects to report a charge in 3Q16 of about $4MM associated with restructuring.
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.