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In 2Q16, $AVY realized $21MM in pre-tax savings from restructuring and incurred restructuring charges of $6MM. $AVY paid $70MM of its pension liability to eligible former employees who chose to receive their pension benefits immediately rather than wait until they were eligible. This resulted in a charge of about $41MM or $0.30 per share in 2Q16.
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.