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$IR 2Q15 PR: “Despite declining industrial markets & economic pressure in Asia & Latin America, we continued to grow revenue & delivered EPS at midpoint of our guidance. We’ve executed consistently over past five years, which will continue to deliver long-term shareholder value & benefit to our customers & employees around world.” said Michael, CEO
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.