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$BCR 2Q15 Call: Gross profit $526.1MM or 61.2% of sales in 2Q15. On an adjusted basis, GP was 61.4% of sales, up 10 bps from 2Q14, a little better than we expected. So in 3Q15, we expect a GM of about 61%. Our cost savings & margin improvement programs are on track and we remain comfortable with our full year guidance of GP of between 61.4% & 61.8%
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.