Want to join the conversation?
In 1Q16, $LRCX's non-GAAP gross margins came in at 46.5% which was at the high-end of its guidance; the strength was driven by better mix and stronger manufacturing absorption. OpEx came in at $364MM which resulted in operating income of 23.8%. Further, non-GAAP earnings per share of $1.82 ended up above the high-end of its guidance.
$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.
$TSLA opening a showroom in Michigan. A bold move !!