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$FLS 2Q15 Call: Adjusted GM down 60 BPs to 34.5%, excluding SIHI & realignment. Operating margin excluding adjusted items down 40 BPs to 15.5%. Backlog of $2.7Bil, including $132.2MM from SIHI acquisition, partially offset by approx. $103MM of negative FX effects. Returned more than $185MM to shareholders through repurchases & dividends YTD.
$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.