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$PBI 2Q15 Call: SG&A includes one-time stock-based compensation charge of $10MM directly associated with the Borderfree acquisition. SG&A also includes one months’ worth of amortization of Borderfree related intangibles of about $1MM. Adjusting for these items SG&A declined $34MM from 2Q14 and as a percent of revenue improved by about 80BP.
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.