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Footwear company $CAL reported lower 1Q16 results, hurt by lower revenue and planned reduction in Brand Portfolio sales. $CAL said net income fell 7.67% to $17.78MM, or $0.41 per share from $19.26MM, or $0.44 per share a year ago. Revenue fell 2.91% to $584.73MM. $CAL's inventory was down 2.1% for the quarter, on solid inventory management.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.