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Luxury jeweler $TIF said as of April 30, 2016, the company had a $43.8MM loan receivable under a financing arrangement with Koidu Limited. The company stated it recorded impairment charges totaling $37.9MM during 4Q16 related to the loan. The net carrying amount of the loan was $5.9MM as of April 30, 2016.
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.