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$CMI still expects full year 2016 revenue to be down 5-9% and EBIT to be in the range of 11.6-12.2% of sales. In addition, $CMI said it will present results for 4 operating segments: Engine, Distribution, Components and Power Systems. $CMI will report results for new reporting structure in 2Q16 and will reflect this change for historical periods.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.