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$NLSN 2Q15 Call: In the quarter, foreign currency had 700BP drag on revenue and 560BP drag on EBITDA, which were both in ballpark of what we've laid out on first quarter call. If yesterday's spot rates held constant in 2015, then we expect that 640BP drag on revenue & 550BP drag on EBITDA for FY15, which is also in ballpark of our previous estimate
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.