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$ADI said inventory on a dollars basis fell $5MM sequentially and on a days basis grew to 138 days. The company expects both dollars and days of inventory to decrease over the next two quarters. Inventory and distribution on a dollars basis was modestly higher than 1Q16 and weeks of inventory in distribution fell to 7 weeks from 7.5 weeks in 1Q16.
Trivago N.V. (TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31, 2017 on Monday, May 15, 2017. On the same day, trivago N.V.`s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM Eastern Time. These items will be available in the Investor Relations section of the company`s website at http://ir.trivago.com.
$VZ strikes again. After a depressing quarter, Verizon has jumped into action by launching its ultrafast competitor to Google Fiber - FiOS Gigabit Connection.
$PNRA is planning to expand its delivery service to about 40% of its restaurants by the end of this year.