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$MHK 2Q15 Call: Net sales were $2.042Bil, slightly down at about three-tenths of 1%. They were up 4% on a pro forma basis using a constant exchange rate. All segments grew in local currency with FX reducing sales approx. $141MM in 2Q15. GM was 30.1% as reported, or excluding charges, 31%, that's up 260 BP from 2Q14.
$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.