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Neely Tamminga of Piper Jaffray asks about the problems encountered in the decision to increase choice count. $EXPR said it was more of a process problem. The company strategically increased its choice count to deliver more frequent units but it saw a dropoff in sales. This led to a lack of clarity in the assortment.
$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.