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Fiberoptic products maker $VIAV reported a wider quarterly loss, hurt by a non-cash goodwill impairment charge of $91.4MM related to its Service Enablement segment. The company reported 4Q16 net loss of $70.9MM, or $0.30 per share, compared with a net loss of $40.1MM, or $0.17 per share a year ago. Net revenue rose slightly to $224.1MM.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!