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$OMC said that its total debt-to-EBITDA was 2.2 times and net debt to EBITDA ratio was 1.6 times. The company said that as a result of the increase in interest expense, interest coverage ratio went down to 11.4 times, but it remains solid. For the last 12 months, ROIC rose to 18.4% and ROE rose to 45.3%.
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.