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BoFA Merrill Lynch analyst George Staphos probes what drove the SG&A guidance in FY16. $BRC says that the biggest driver was the operational efficiency versus the SG&A reductions. The company's SG&A improvements were coming a bit slower than anticipated, so GM was clearly the driver of the performance vs. initial guidance.
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.