Want to join the conversation?
Michael Binetti of UBS asks for an update about restructuring charges and the credit card chargeback activity. $JWN CFO Mike Koppel said the impact of the restructuring charges & the credit card chargeback activity was $0.10 or $30MM pretax earnings, primarily for 1Q16 and there is probably a $0.01 or $0.02 impact in addition to that for the year.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.