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$ARG 1Q16 organic sales rose 2%, reflecting strength in non-residential construction sector despite challenges faced in energy and chemical and the manufacturing and metal fabrication sectors. Current and prior year acquisitions contributed sales growth of 1% in the 1Q16. Operating margin fell by 50 basis points due to impact of rise in SD&A expens
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.