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$MTSC, which agreed to acquire sensor maker PCB Group for $580MM in April 2016, said that it is disappointed with 2Q16 results. The company said revenue and earnings fell short of its expectations. $MTSC said that it is taking some cost actions to reduce its corporate structure and selectively streamline its Test business unit.
$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.