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Industrial tools and household hardware maker $SWK reported a higher quarterly profit as cost reductions contributed to margin growth. The company reported 2Q16 earnings of $271.5MM, or $1.84 per share, compared with earnings of $227.2MM, or $1.49 per share a year ago. Revenue rose 2% to $2.9Bil. Gross margin rate was 38.5%, up from 36.9%.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$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.