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Packaged food company $CAG reported a 43.8% drop in 4Q16 earnings due to a charge for the re-measurement of pension amounts and lower sales. Net income fell to $117.6MM or $0.27 per share from $209.2MM or $0.48 per share last year. Net sales declined 9.5% to $2.83Bil. Adjusted EPS from continuing operations decreased to $0.52 from $0.55.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$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.