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$MMM reported a 6.3% YoverY jump in 1Q16 net income to $1.28Bil, or $2.05 per diluted share. The maker of post-it notes said earnings were lifted by the early adoption of a new rule for the accounting of employee share-based compensation, which resulted in a tax benefit of $0.10 per share. Revenue slid 2.2% to $7.41Bil, hurt by strong dollar.
Well that’s interesting! $T’s CEO Stephenson says he has no plans to sell CNN, but in reality they might just I guess, to win Trump’s favor.
I guess the separation of Waymo from $GOOG wasn’t really needed, because the extra administrative work would just be a mess to control. Even without separation, $GOOG could still be focusing on self-driving projects as it had before. Feels like Alphabet is making Waymo run before it can even walk.
$TGT Not expecting anything right to happen for quite some time to this stock.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.
$KMI will report its 4Q results today. Any idea what to expect?