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$PVH now expects 2016 revenue to increase about 2% on a constant currency basis and about 1% on GAAP basis, as compared to 2015. Net interest expense in 2016 is expected to be $120-125MM compared to $113MM in 2015. $PVH now sees 2016 effective tax rate of about 20% and free cash flow of about $500MM.
$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!!