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Insurance company $XL reported a drop in operating net income to $106.45MM or $0.37 per share in 2Q16 from $245.8MM or $0.84 per share in 2Q15 hurt by integration costs and natural catastrophe losses. Net income was $43.8MM or $0.15 per share. Total revenues slid to $2.65Bil from $2.69Bil.
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.