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Under its revised outlook for 3Q16, $INTC now expects R&D plus MG&A expenses to be approx. $5.2Bil. Gains and losses from equity investments and interest and other income are expected to be a net loss of approx. $125MM. The tax rate is now expected to be 22%. All other expectations have been withdrawn and an update will be given on October 18.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein