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$PM expects 2016 reported diluted EPS to be $4.40-4.50 versus $4.42 in 2015, projected growth of about 10-12%. International cigarette volume, excluding China and US, is expected to fall by about 2.0-2.5%, in line with estimated fall of 2.4% in 2015. In 2016, $PM expects growth to be skewed towards second half, and 4Q in particular.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.