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During 2Q16, $EV's operating margin was 30%, substantially unchanged from 1Q16, but down from 35% in 2Q15. The YoverY decline reflects the math of an 8% decrease in revenue and 1% lower expenses. The company said that approx. 45-50% of total expenses are variable, which are driven by managed asset levels and gross sales or operating income.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.