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$LOW said SG&A for 2Q16 was 21.2% of sales, which deleveraged 26 BPs. The deleverage was mainly driven by a forward currency transaction loss and store payroll. In anticipation of the RONA acquisition, the company entered into a forward currency hedge to lock in the purchase price in US dollars.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.