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$PCP 1Q16 Q&A: Walton of Deutsche Bank asked about FY16 expectations for airframe. Jay replied that the 1Q16 performance clearly had cost load in it that was required to support new development activity. PCP has gone through a learning process in 1Q16 about what went well and what didn't. It’s reasonable to expect that reported margin will move up.
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.