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The world's largest chipmaker $INTC reported a drop in 2Q16 earnings due to a rise in restructuring and other charges as well as higher costs and expenses. Net income fell to $1.33Bil or $0.27 per share from $2.71Bil or $0.55 per share last year. Revenue grew to $13.53Bil from $13.2Bil. Non-GAAP EPS slid to $0.59 from $0.62.
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.