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$FRT said that it has adjusted its guidance range to reflect the incremental interest expense from the July bond offering. The company does not expect to access the long-term debt market until late 2016 or early 2017 and had assumed funding on its line of credit. The impact is $0.03-0.04 & adjusted FFO per diluted share for 2016 will be $5.62-5.68.
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.