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$FOSL's effective income tax rate for 2Q16 was 30.2% compared to 28.7% last year. The company said it expects full year GM to decline and based on the current plan, expects overall OpEx to be roughly flat to slightly down in 2016. CapEx for the full year is expected in the range of $70-80MM.
$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.