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$AVP said that it will reduce the company's headcount by approx. 2,500 positions as part of its three-year transformation plan. The company expects to realize pre-tax savings of approx. $30MM in 2016 associated with an approximate 1,700 headcount reduction, and expects to achieve annualized pre-tax savings of approx. $65-75MM beginning in 2017.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.