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$EXPR said it has identified $14MM of annualized savings, of which $7MM will be achieved in 2H16. The company ended 1Q16 with $111MM in cash and cash equivalents. $EXPR repurchased approx. 2.5MM shares for about $41.5MM in 1Q16. Capex was $18MM.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.