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$IDTI said that 4Q16 bookings were strong and the company's book-to-bill ratio was solidly over 1. The company said that non-GAAP OpEx was $65.1MM or 34.4% of revenue. Of this, R&D expense was approx. $36.2MM and SG&A was $28.9MM. Operating margin was 27.4% and $IDTI is on track to return operating margin to its target of 30%.
Well that’s interesting! $T’s CEO Stephenson says he has no plans to sell CNN, but in reality they might just I guess, to win Trump’s favor.
I guess the separation of Waymo from $GOOG wasn’t really needed, because the extra administrative work would just be a mess to control. Even without separation, $GOOG could still be focusing on self-driving projects as it had before. Feels like Alphabet is making Waymo run before it can even walk.
$TGT Not expecting anything right to happen for quite some time to this stock.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.
$KMI will report its 4Q results today. Any idea what to expect?