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For FY16, $PRGS expects operating margin of 15% and adjusted operating margin of 30%. Adjusted free cash flow is expected to be $88-93MM on a GAAP basis and $85-90MM on a non-GAAP basis. Effective tax rate is expected to be 45% on a GAAP basis and 32% on a non-GAAP basis. d EPS of $1.57-1.60.
$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.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.