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$BKS posted a narrowed diluted loss per common share in 1Q17, compared to 1Q16. Consolidated net loss from continuing operations was $14.4MM or $0.20 per share versus $7.8MM or $0.27 per share last year. Sales declined 6.6% from last year to $913.9MM. Excluding charges, net loss from continuing operations would have been $5MM or $0.07 per share.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.