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Producer of floor covering products $MHK said that 1Q16 EPS was $2.38, excluding unusual charges, up 40% vs. 1Q15. The company's adjusted operating margin rose to a record 11.6%, a jump of 200 BP vs. 1Q15, helped by acquisitions, volume, productivity and input costs. Net sales rose 15.5% as reported to $2.2Bil.
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.