Want to join the conversation?
$COL reports FY16 guidance and expects revenue to be in the range of $5.3-5.4Bil & EPS of $5.20-5.40. $COL reaffirmed its previously provided FY15 guidance. "I'm encouraged by the progress we are making in all of these businesses, and I expect market conditions will support continued growth in fiscal year 2016" said Kelly Ortberg, CEO & President
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.