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Parent of Camel and Pall Mall cigarette maker $RAI reported a 58.7% dip in 2Q16 earnings due to last year's gain on divestiture related to the Lorillard acquisition in June 2015. Net income fell to $796MM or $0.56 per share from $1.93Bil or $1.69 per share last year. Net sales jumped 33% to $3.2Bil. Adjusted EPS increased by 13.7% to $0.58.
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.