Want to join the conversation?
During FY16, $WAT expects to contribute approx. $5-10MM to its defined benefit plans. Based on current foreign exchange rates, the company expects that foreign currency translation may negatively affect sales growth in 2016. The effect of foreign currency translation negatively impacted sales by 6% across all products and services in 2015.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.