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Aviation electronics company $COL reported a rise in 2Q16 earnings on lower income tax expense. Net income rose to $171MM or $1.29 per share from $157MM or $1.17 per share last year. Total sales fell 2% to $1.31Bil. CEO Kelly Ortberg said $COL's execution was solid in 2Q as it focused on delivering savings from restructuring actions taken in 1Q.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.
$CIEN a good stock to look at for the longs. Consistent revenue increase over the past few quarters suggest steady improvement in profitability of the company, which bodes well for the future prospect. I’m going to add a few more to my portfolio, anticipating good $$$ gains !
Shareholder alert..!! Rosen Law Firm has commenced an investigation into potential securities claims of $UHS. Shareholders please visit http://www.rosenlegal.com/cases-1008.html for more info.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.