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Personal products company $KMB said its 2Q16 adjusted gross margin of 36.3% was up 50 BPs compared to the prior year. Adjusted operating margin of 18% was up 100 BPs from last year. The company stated that its 2Q16 FORCE cost savings were $95MM.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.