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Jefferies analyst John Janedis questions about the magnitude of expected cost savings in the Australian Print segment beyond $40MM. $NWS $NWSA says that the earlier said annual cost reduction program was around 5% and 2.5% was realized in FY16. The company expects the remainder to flow through in FY17, so there would slightly higher cost savings.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.