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$CMI CEO Rich Freeland said, due to weakening market conditions, the company now expects to scale back the range of light duty engines it plans to manufacture in North America. The change in plans, combined with the uncertainty of winning additional customers for the V8 light duty engine resulted in a charge of $211MM in the quarter, the CEO said.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!