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$GPS said that it expects an annualized savings of about $275MM due to the streamlining of its operating model and store closures. Annualized sales loss is expected to be about $250MM from the closure of approximately 75 stores. The company anticipates restructuring costs of about $300MM, of which about $100MM is estimated to be non-cash.
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.