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$GIS, known for brands like Cheerios cereal and Yoplait yogurt, posted a 53% YoverY profit growth in 2Q16, but net sales fell 6%. Net earnings attributable to $GIS rose $530MM, or $0.87, from $346.1MM, or $0.56, a year earlier. Net sales fell to $4.42Bil from $4.71Bil, hurt by a strong dollar that reduced net sales growth by 4 percentage points.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$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.