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During FY15, $AVGO realigned some product groups within its wired infrastructure segment and agreed to sell some fiber optics subsystems assets to a third party. As a result, the company recognized a $61MM loss to write-down these assets to fair value less costs to sell. This transaction is expected to close by the end of 1Q16.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.