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$SJM said it ended the year with debt of $5.4Bil. Based on 2016 EBITDA of $1.58Bil, the company's leverage stood at 3.4 times at April 30, 2016, a reduction from 4.1 times at the beginning of 2016. $SJM stated that it was able to restart share repurchase activities aided by the strong free cash flow and proceeds from the sale of the milk business.
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.