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$MAT said it suffered unrealized foreign currency exchange loss of approx. $26MM due to a weak Venezuela currency in 1Q16. Plunging oil prices have created havoc in the Venezuela economy and this has even prompted U.S. consumer goods giant $PG to remove its operations in the country from its consolidated financial reports.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!