Want to join the conversation?
$WM 2Q15 Call: Total company income from operations grew $12MM, operating income margin expanded 60 BP, operating EBITDA margin grew 80 BP. Commercial volumes were down 2.2% vs. a decline of 5% in 2Q14. Industrial volumes improved 270 BP from negative 2.7% in 2Q14 to flat in 2Q15. Residential volume declined 3.6% vs. a decline of 3.8% in 2Q14.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.