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Food and beverage company $KHC, which was formed when Kraft Foods Group merged with H.J. Heinz Co a year ago, reported a higher quarterly profit, helped by cost reductions and lower commodity prices. For 2Q16, the company reported earnings of $770MM, or $0.63 per share, compared to $186MM, or $0.15 per share. Revenue fell 4.7% to $6.8Bil.
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.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.