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Sanford Bernstein analyst Anne-Charlotte Windal asks $LB where will VS business be five years down the road, the contribution from PINK, lingerie & beauty. CFO Stuart Burgdoerfer says that in five years, $LB is looking to grow the topline sales in major parts of the VS business, on the low side at 5% per year; on the high side, 10% or 15% per year.
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.