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Public utility holding company $CNP reported 1Q16 net income of $154MM, up 17.55% or $0.36 per diluted share compared to $131MM, or $0.30 per diluted share a year ago. Revenue fell 18.4% from last year to $1.98Bil in 1Q16. For the quarter, operating income fell to $250MM from $256MM a year ago.
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.