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$CMTL said its gross profit in 3Q16 as a percentage of consolidated net sales was 41.4% versus the 45.1% achieved in 3Q15. This decrease is mainly due to overall product mix changes resulting primarily from the TCS acquisition. $CMTL expects 4Q16 gross margin percentage to be meaningfully lower than 41.4%, reflecting a full 3 months of TCS sales.
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.