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$HSIC's operating margin for 3Q15 was 7%, which expanded by 40 BPs compared to the third quarter of last year. However, excluding the restructuring costs, its operating margin for the quarter improved by 70 BPs and was 7.4%. This expansion was a result of both higher gross margin as well as reduction of operating expenses as a percentage of sales.
$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.