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$CGNX CEO Robert Willett said, "Business in our three largest industries - consumer electronics, automotive and logistics was higher than anticipated. We now expect to see revenue from consumer electronics grow on an annual basis. These improvements are reflected in the results we reported today for Q2 and in our guidance for Q3."
What will be an ideal EPS range for $PZZA in its earnings today?
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?