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$GES said that 1Q17 adjusted diluted loss per share was $0.23 and includes a negative impact of roughly $0.08 due to foreign currency movement. Total company GM decreased 280 BP to 31.8% due to the negative impact of currency and deleverage due to a decline in sales. SG&A as a percentage of sales rose by 320 BP vs. 1Q16.
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.