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$NWS $NWSA said that FY16 revenues were $8.3Bil, down 3% vs. FY15. The decline in revenues included a negative impact from foreign currency of $455MM. Excluding the impact of foreign currency, acquisitions and divestitures, adjusted revenues for the year were flat vs. FY15. Reported total segment EBITDA was $684MM for FY16.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.