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Maytag, KitchenAid and other appliances maker $WHR reported a drop in 1Q16 earnings due to unfavorable currency and weak emerging market demand as well as lower sales. Net income slid to $150MM or $1.92 per share from $191MM or $2.38 per share last year. Net sales fell to $4.62Bil from $4.85Bil. Ongoing business EPS rose to $2.63 from $2.14.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!