of Guggenheim Securities asks about the expansion in Canada. $COST said it
currently has about 90-91 units in Canada and the company expects it will reach
over 100 and it will continue to increase. The reason for the increased
openings is due to strong sales. Comps have been 5-9% over the past few years.
For 2017, $ENDP expects US Generics base business revenue decline to be similar to 2016 or in the low 30% range. Generics segment sales are expected to decline in the high-single to low-double digit range. In US Generics business, $ENDP estimates to realize approx. $75MM in annual net savings and launch at least 20 products in 2017.
$EQIX agreed for the purchase of ICT-Center AG, Zurich's data center operating business in Zurich, Switzerland for less than $5MM. The agreement was signed on Feb. 1, 2017 and the acquisition is expected to close sometime in early April 2017.