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$OA said that the Lake City team was unable to reduce the production costs far enough for the contract to be profitable. $OA believes that the Lake City contract incurred a total pre-tax operating loss of approx. $400MM and after-tax loss of $250MM over its 10-year period.
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.