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During 1Q16, $BLL announced the closure of the Weirton, West Virginia plant, which will cease production in early 2017. 1Q16 charges of $9MM were comprised of employee severance and benefits, facility shutdown costs, and asset impairment and disposal costs. Other charges in the quarter included $5MM of insignificant activities.
$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!!!