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Specialty glass manufacturer $GLW reported a net loss of $368MM or $0.36 per share in 1Q16 compared to a net income of $407MM or $0.29 per share in 1Q15, hurt by a non-cash, mark-to-market loss associated with currency-hedging contracts. Net sales fell to $2.05Bil compared to last year.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.
$CIEN a good stock to look at for the longs. Consistent revenue increase over the past few quarters suggest steady improvement in profitability of the company, which bodes well for the future prospect. I’m going to add a few more to my portfolio, anticipating good $$$ gains !
Shareholder alert..!! Rosen Law Firm has commenced an investigation into potential securities claims of $UHS. Shareholders please visit http://www.rosenlegal.com/cases-1008.html for more info.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.