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$VAR said it plans to spin off its Imaging Components business as a new, stand-alone public company via a tax-free distribution to its stockholders in a transaction anticipated to be completed by the end of CY16. It is expected that the new company's management team will include Sunny Sanyal as the new CEO and Clarence Verhoef as CFO.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.