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Provider of drug delivery technology $CTLT saw lower profit during 4Q16 due to the release of a valuation allowance on deferred tax assets of $136.7MM recorded as a tax benefit in 4Q15. Net income fell to $58.1MM, or $0.46 per diluted share vs. $153.7MM, or $1.22 per diluted share in 4Q15. Revenue rose 4% to $532.2MM as reported vs. 4Q15.
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.