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Chris Danely of Citigroup asks about restructuring; total expenses dropping $150MM a quarter from 4Q16 to 2Q17. $INTC CFO Stacy Smith said that the company cannot give that level of granularity of forecasting by quarter in 2017. The $1.4Bil is all opex, an opex savings number that $INTC believes to get to by mid-2017.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!