Want to join the conversation?
In 2Q16, $MCHP's non-GAAP tax rate was 11.5% and the GAAP tax benefit rate was 20.3%. The GAAP tax rate was favorably impacted by the impact of some of the $MCRL acquisition purchase accounting adjustment. Excluding any nonrecurring events, the company expects its longer-term forward-looking non-GAAP effective tax rate to be between 11-12%.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.