Want to join the conversation?
$BBY 2Q16 Q&A: Horvers of JPMorgan asked how did pace of price drop in the TV category, how did it perform in trend. Hubert answered that as the price drops, everyone has consumer contract, and it's very material. So the prices at which one can buy 4K TV now is very exciting. Expects this to continue in 2H16. Expects market to continue to do well.
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.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.