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$ATI said it is restructuring its Flat Rolled Products (FRP) operations by eliminating over 250 positions. Subsequently, $ATI will record a $9MM severance charge in 1Q16 results, the company said. These actions are expected to generate annualized cost savings benefits of over $30MM beginning 3Q16, it added.
$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!!