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Data storage devices maker $SNDK reported a fall in 3Q15 earnings due to a 17% drop in revenue. Net income was $133MM or $0.65 per share, down from $263MM or $1.09 per share in the same period of last year. Revenue fell to $1.45Bil from $1.75Bil. Gross margin fell to 42% from 47%.
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.