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$GOOG $GOOGL said OpEx was $7.4Bil in 2Q16, and OpEx rose YoverY driven by R&D expense mainly due to compensation expense related to headcount growth. Headcount at the end of 2Q16 was 66,575, up 2,460 sequentially & the vast majority of new hires continue to be engineers & product managers to support growth in priority areas such as cloud and apps.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!