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$PVH's gross profit in 3Q15 was $1.1Bil, or 50.9% of total revenue, compared with $1.17Bil, or 52.3% of total revenue in 3Q14. The 140 BP decrease was mainly driven by a decline in gross margin in the Tommy Hilfiger North America segment due to continued weak international tourist traffic and spending.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.