Want to join the conversation?
$PVH said its overall operating margins in 1Q16 are expected to increase approx. 75 BPs on a constant currency basis and to decrease approx. 100 BPs on a reported basis. The company projects Calvin Klein revenues to grow 6% on a constant currency basis, excluding a negative impact of 2% related to foreign currency.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.