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$LLL, which supplies intelligence, surveillance and reconnaissance systems to the US government, reported 1Q16 earnings of $227MM, or $2.87 per share, compared with $105MM, or $1.25 per share a year ago. Revenue fell to $2.35Bil. All segments contributed to operating margin performance, which increased 230 basis points, the company said.
$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.