Want to join the conversation?
$FLS 2Q15 Call: Adjusted GM down 60 BPs to 34.5%, excluding SIHI & realignment. Operating margin excluding adjusted items down 40 BPs to 15.5%. Backlog of $2.7Bil, including $132.2MM from SIHI acquisition, partially offset by approx. $103MM of negative FX effects. Returned more than $185MM to shareholders through repurchases & dividends YTD.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.
$C gets hit with a $25 million fine for spoofing charges. Interesting! This is the first time a bank has been hit with such charges.