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During 4Q15, $MNK reported adjusted gross profit of $639MM, which was up $191MM YoverY with adjusted gross profit as a percentage of net sales at 72% vs. 67% in 4Q14. SG&A for 4Q15 was $303MM compared to $252MM in the prior year quarter. Adjusted SG&A as a percentage of net sales for the quarter was 27.5%, an improvement of 110 BPs over 4Q14.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein