Want to join the conversation?
Virginia-based company $CSRA said revenue, EBITDA, EPS and free cash flow were all on track in 1Q17. EBITDA margin was strong at 17.4% driven by program execution and cost discipline. Operating cash flow was $156MM in 1Q17. Bookings totaled $1.3Bil.
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?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.