Want to join the conversation?
In 2Q16, $SYY favorably resolved a tax contingency, which resulted in a tax benefit of $20.8MM. In 2Q15, the tax rate was impacted by reduced state taxes from legal restructuring and a benefit related to disqualifying dispositions of $SYY's stock pursuant to share-based compensation arrangements. 2Q16 effective tax rate was 30.71%.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.