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Mark Delaney of Goldman Sachs asks for an update on the Inotera transaction. $MU said it expects the transaction to close in mid-December. The deal does not have a material impact on $MU's 1Q17 guidance. The transaction will be accretive to GM and free cash flow and the accretion to EPS is dependent on the method of financing.
$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.