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$KSS said that its interest expense decreased $6MM to $78MM in 2Q16, as it saw the benefits of last summer's refinancing. The company's income tax rate was 37.5% and decreased approx. 40 BPs from last year, as a result of federal tax credits that were enacted in 4Q15.
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.