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$ATU said it expects 4Q16 sales to be $270-280MM, with adjusted EPS of $0.28-0.33. For FY16, sales are expected to be about $1.150Bil and adjusted EPS in the $1.20-1.25 range. $ATU expects to generate FY16 free cash flow in excess of 100% of net earnings, and forecasts free cash flow of about $105MM.
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.