$EMC 2Q15 Call: Experienced continued pressure in China and Russia largely due to geopolitical issues. On cost front, launched a program to reduce existing cost base by $850MM annually by FY16-end. Virtustream acquisition closed. Virtustream signed an agreement become a premier global provider of SAP HANA enterprise cloud services.
People who are looking for a steady growth stock should take a look at $EME. This stock has never had a significant downfall in the last five years. Comfortably beats consensus target most of the time. Such potential, much wow!
$GXP, which acquired $WR in a deal worth $12.2Bil in May 2016, reported that the Westar transaction will close in Spring 2017. The new combined company will have 19 executive officers. The senior leadership team including, CFO Kevin Bryant and COO Scott Heidtbrink, will report to CEO Bassham.
During 3Q16, $KLXI repurchased approx. $5MM of common shares at an
average price of $33.39 per share. Total share repurchases for YTD 2016 have
been approximately $10.5MM at an average price of $31.63. There were no
borrowings outstanding under the company’s $750MM credit facility.
The BoD of $VRSK approved an additional $500MM for its share repurchase authorization program.The company added that authorization has no expiration date and may be suspended or terminated at any time.
$TTC's BoD declared a quarterly cash dividend of $0.175 per share, a 16.7% increase from its prior quarterly rate of $0.15 per share. This dividend is payable on Jan. 12, 2017 to shareholders of record on Dec. 27, 2016.