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$WMT 1Q16 10-Q: Working capital deficit was $7.5Bil vs. $8.2Bil in 1Q15. Net interest expense for 1Q16 increased $256MM vs.1Q15. Net cash provided by operating activities was $4.4Bil vs. $5.9Bil in 1Q15. Net cash used in financing activities $3.7Bil vs. $5.2Bil in 1Q15. Net cash used in investing activities was $2.1Bil vs. flat in 1Q15.
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.