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Electric power provider $EIX reported a decline in 2Q16 earnings driven by lower revenues. Net income fell to $276MM or $0.84 per share from $379MM or $1.15 per share last year. Operating revenues slid to $2.78Bil from $2.91Bil. Core EPS decreased to $0.85 from $1.16.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.