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$BBY 1Q16 10-Q: The company’s effective income tax rate in 1Q16 was 50.3% compared to a rate of (145.9)% in 1Q15. Excluding the impact of the European legal entity reorganization, the effective tax rate would have been 39.0%. In 1Q16, BBY launched new mobile app. The new app includes acceptance of Apple Pay and has received strong customer reviews.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.