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Open-source software products provider $RHT posted 4Q16 net income of $53MM or $0.29 per diluted share, compared with $48MM or $0.26 per diluted share in the year-ago quarter. Total revenue was $544MM in 4Q16, up 17% in US dollars YoverY, or 21% measured in constant currency. Non-GAAP diluted EPS was $0.52 in the quarter.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.
$C gets hit with a $25 million fine for spoofing charges. Interesting! This is the first time a bank has been hit with such charges.