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$WDC expects to achieve total annual run-rate synergies of $500MM within 18 months post-closing of the $SNDK acquisition, and about $1.1Bil by 2020. $WDC expects to achieve rapid deleveraging, reducing debt by $3Bil within a short period of time after the closing of the deal. The $SNDK deal is expected to close in 2Q16.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.
$CIEN a good stock to look at for the longs. Consistent revenue increase over the past few quarters suggest steady improvement in profitability of the company, which bodes well for the future prospect. I’m going to add a few more to my portfolio, anticipating good $$$ gains !
Shareholder alert..!! Rosen Law Firm has commenced an investigation into potential securities claims of $UHS. Shareholders please visit http://www.rosenlegal.com/cases-1008.html for more info.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.