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Chocolate manufacturer $HSY had net sales of $1.82Bil in 1Q16, a decline of 5.6% versus 1Q15. Excluding a 1.2% impact from unfavorable FX, net sales fell 4.4%. Reported GM decreased 180BP in 1Q16. Non-GAAP GM increased 20BP in 1Q16 due to supply chain productivity and cost savings initiatives as well as lower commodity costs.
$SPY can the rally continue? La Pen almost assured to lose makes me cautious about the results, not a place to panic. If 2400 is reached I'm selling my puts and going for broke. Happy hunting.
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.