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$OI's total asbestos-related accrual is expected to be $806MM at end 1Q16 versus $522MM at end FY15. Company is amending its 2015 10-K to reflect total liability for asbestos-related costs with the 2013-2015 time period reflecting the revised methodology. This will have no impact on cash, adjusted EPS, and on company's current or future business.
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.