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$JCP said it presented 3-year plan for accelerated growth and outlined financial expectations for improved performance beyond 2017. For 2017-19 period, $JCP expects compounded annual comparable sales growth of 3%, and gross margin growth of 75-100 basis points. $JCP expects to achieve net income of $450-500MM and EPS of $1.40-1.55 by 2019.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.