Want to join the conversation?
$WAT said that, on a non-GAAP basis, full year 2016 earnings per diluted share are projected to be within a range of $6.10 to $6.35. Currency translation is expected to reduce first quarter sales growth by between 1 and 2 percentage points. The company anticipates 1Q16 earnings per diluted share to be in the range of $1.17 to $1.27.
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.