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$MO lowered its 2016 adjusted EPS guidance to $2.98-3.04 from prior estimate of $3.01-3.07. The revised forecast represents growth rate of 6.5-8.5% from 2015 adjusted EPS base of $2.80. $MO maintained its long-term financial goals of growing adjusted EPS at average annual rate of 7-9% and dividend payout ratio target of about 80% of adjusted EPS.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein