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$BDX still expects 2016 EPS of $5.88-5.95 and adjusted EPS of $8.50-8.57, which represents growth of about 19-20%. On a currency-neutral basis, the company raised FY16 adjusted EPS forecast to range of $9.08-9.15 from previous estimate of $9.01-9.08. $BDX increased its 2016 adjusted EPS growth outlook to 27-28% from prior range of 26-27%.
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.