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$PEP, the maker of Pepsi soft drinks and Lay's chips, reported lower 1Q16 results, hurt by lower revenue. $PEP said net income fell 24% to $0.93Bil, or $0.64 per share compared to $1.22Bil or $0.81 per share a year ago. Revenue fell 3% to $11.86Bil, while organic revenue grew 3.5%, impacted by FX translation and Venezuela deconsolidation.
$SPY can the rally continue? La Pen almost assured to lose makes me cautious about the results, not a place to panic. If 2400 is reached I'm selling my puts and going for broke. Happy hunting.
Trivago N.V. (TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31, 2017 on Monday, May 15, 2017. On the same day, trivago N.V.`s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM Eastern Time. These items will be available in the Investor Relations section of the company`s website at http://ir.trivago.com.
$VZ strikes again. After a depressing quarter, Verizon has jumped into action by launching its ultrafast competitor to Google Fiber - FiOS Gigabit Connection.