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Consumer electronics firm $VOXX posted lower 1Q17 earnings due to higher loss before income taxes of $7.5MM. The company's net loss was $4.3MM or $0.18 loss per diluted share vs. $0.71MM or $0.03 loss per diluted share in 1Q16. Net sales fell 5.4% to $155.5MM vs. 1Q16, while average Euro was $1.13, which positively impacted sales by approx. $1.8MM.
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.