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Data storage giant $STX reported a 3Q16 net loss of $21MM or $0.07 per share compared to a profit of $291MM or $0.88 per share last year, due to several near-term demand factors as well as lower revenue. Revenue fell to $2.6Bil from $3.33Bil. Non-GAAP net income was $66MM or $0.22 per share.
$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.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.