Want to join the conversation?
$EIX 2Q15 Q&A: Wynne of Bernstein asked if filing of petition for modification is accepted and the case is reopened, what the process of litigation would be and timeline. Adam replied If the proceeding is reopened we would return to litigation and litigation OII would likely take considerable period of time. It would not happen in weeks or months.
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.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.