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$CA 1Q16 Call: Non-GAAP operating margin was 41% and GAAP was 31%. Segment operating margin was 62% for Mainframe solutions, 14% for Enterprise Solutions, and 10% for Services. Non-GAAP tax rate was 29% and GAAP was 30%. Non-GAAP diluted EPS was $0.64, up 9% YoverY. GAAP diluted EPS was $0.47, up 15%.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.