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$ADT, a provider of monitored security, posted lower 1Q16 earnings, hurt by higher operating expense. $ADT said net earnings dropped 11% to $64MM, or $0.39 per share in 1Q16 compared to $72MM, or $0.41 per share in the prior year. Revenue increased 1.5% to $900MM. Excluding items, $ADT earned $0.49 per share.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.