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Chipmaker $SMTC reported a 2Q17 profit of $8.98MM or $0.14 per share compared to a loss of $0.31MM or breakeven per share last year, on higher sales. Net sales grew 8% to $135.91MM. Non-GAAP EPS increased to $0.35 from $0.24. CEO Mohan Maheswaran said results were driven by strong demand from the Datacenter, IOT and Smartphone markets.
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.