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Data management solutions provider $NTAP posted lower 3Q16 GAAP net income of $153MM, or $0.52 per diluted share vs. $177MM, or $0.56 per diluted share in 3Q15. Non-GAAP diluted EPS was $0.70 for the quarter. Revenues fell 10.6% to $1.38Bil vs. 3Q15, hurt by increased product and hardware maintenance & other services revenues in the quarter.
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein
Great results from $TSLA, however the question remains if Tesla can continue to scale up to produce the cars in the quantity it promises. Model 3 numbers need to be in multiples of what they are producing right now. Wish them the best, will keep an eye as I am still not convinced that they can scale easily.
Watching $TSLA Oct 28th $215 Calls for possible entry
Chipotle stock is crashing like a falling knife after it's earnings report last evening; down about 10% already today! Was Bill Ackman wrong in buying about 10% stake in $CMG couple of months ago? Or is this market reacting to disappointing earnings? And can they really get customers to trust them again after food-safety crisis?