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RBC Capital Markets analyst Brian Tunick questions $LB if it views 2016 being the reset year or if there is potential pressure in 2017. CFO Stuart Burgdoerfer says that as $LB is not altering its guidance in mindset, so it is not a reset year at all. $LB says that though there is short-term pressure, it is going to work hard to exceed the guidance.
$TWTR mentions Snap as one of its fiercest rivals in its 10K filing. Great head start for Snap ahead of IPO!