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$FDX said it expects its FY17 integration CapEx for TNT to be about $100MM and integration costs to be around $200MM. Integration expenses, including professional fees, IT costs and intangible asset amortization related to TNT are expected to impact operating income and margin in FY17. The deal is expected to be accretive to earnings in FY18.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.