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$ECL expects 1Q16 adjusted gross margin of about 47%, selling, general and administrative expenses as a percentage of sales of about 35% and interest expense of about $65MM. $ECL projects 1Q16 adjusted tax rate of about 26%, non-controlling interest of $0.01-0.02 and diluted shares of about 299MM.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.