Want to join the conversation?
Natural gas distributor $NI delivered non-GAAP net operating earnings of $0.60 per share in 1Q16 compared to $0.57 in 1Q15. The company is well-positioned to deliver non-GAAP net operating earnings within its 2016 guidance range of $1.00-1.10 per share. $NI is on track to execute on more than $1.4Bil in utility infrastructure investments.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.