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$FISV said that adjusted revenue for 2Q16 grew 6% to $1.3Bil and increased 5% to $2.5Bil in 1H16. Adjusted operating income increased 6% to $413MM and is up a healthy 7% YTD to $812MM. Adjusted operating margin was 31.9% in both the quarter and YTD periods, increasing 10 BP and 40 BP respectively over prior-year periods.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.