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$PAYX 4Q15 Call: Operating margin was 35%. Operating income, net of certain items, was up 11% to $241MM for 4Q15 & 7% to $1Bil for FY15. Company’s operating margin is typically lower in the second half of the year. Net income was up 10% to $161MM for 4Q15 & 8% to $675MM for FY15. Diluted EPS was up 10% to $0.44 in 4Q15 & was up 8% to $1.85 in FY15.
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.