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$FUL said in Engineering Adhesives, volume was up 15% in 2Q16 versus 2Q15. TONSAN business continues to deliver its targeted growth and the company's electronics and automotive businesses have shown solid YoverY growth. Adjusted EBITDA margin in 2Q16 was at just 7.4% and about 8.5% YTD. For 2016, $FUL expects adjusted EBITDA margin to be about 10%.
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.