Want to join the conversation?
$GD 2Q15 PR: "We continue to have impressive operating leverage with operating earnings at more than $1Bil, up 13.9% YoverY," said Phebe N. Novakovic, CEO. Total potential contract value, the sum of all backlog components, was $95.6Bil at 2Q15-end. GD is increasing its full-year EPS guidance for continuing operations from $8.05-8.10 to $8.70-8.80.
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.