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$TSCO expects 2Q16 gross margin to be down 25-30 basis points compared to 2Q15 rate of 35.3%, with mix of products and higher transportation costs offsetting favorable impact of ongoing gross margin initiatives. Selling, general and administrative expenses as percent of sales is expected to rise as result of lower comparable store sales.
Wham! $NFLX did not disappoint me! Stronger than expected results and an upbeat outlook and most importantly, the share price is up around 8% pre-market. What a time to be alive!
Well that’s interesting! $T’s CEO Stephenson says he has no plans to sell CNN, but in reality they might just I guess, to win Trump’s favor.
I guess the separation of Waymo from $GOOG wasn’t really needed, because the extra administrative work would just be a mess to control. Even without separation, $GOOG could still be focusing on self-driving projects as it had before. Feels like Alphabet is making Waymo run before it can even walk.
$TGT Not expecting anything right to happen for quite some time to this stock.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.