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Defense contractor $GD reported a 9% rise in 4Q15 earnings driven by lower income tax provision, despite a 6.6% decline in revenue. Net income rose to $764MM or $2.40 per share from $701MM or $2.09 per share last year. Revenue fell to $7.81Bil from $8.36Bil.
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.