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For 1Q16, $CDNS said that its total revenue was $448MM, up 9% YoverY. Non-GAAP operating margin was 26% vs. 23% in 1Q15. Timing of revenue and expenses contributed to the higher-than-expected margin for the quarter. Non-GAAP diluted EPS was $0.28, up 22% vs. 1Q15. Operating cash flow was $83MM.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.