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$TMO's adjusted SG&A in 4Q15 was 20.6% of revenue, a 150BPs favorable to 4Q14 driven primarily by FX, cost synergies, and productivity actions. For the full year, adjusted SG&A was 21.7%, a 120BP favorable to 2014. R&D expense came in at 3.9% of revenue in 4Q15, 20BPs favorable to 4Q14 & full year R&D expense was 4.1%, flat to full year 2014.
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein
Great results from $TSLA, however the question remains if Tesla can continue to scale up to produce the cars in the quantity it promises. Model 3 numbers need to be in multiples of what they are producing right now. Wish them the best, will keep an eye as I am still not convinced that they can scale easily.