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$SWKS said that 3Q16 OpEx was $107.6MM comprising of R&D expense of $70.2MM and SG&A expense of $37.4MM. The company generated $274.7MM of operating income translating into a 36.5% operating margin. Cash tax rate was 12.7% for the quarter and $SWKS projects it to be lower at 14% for FY16.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.