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Snack maker $LNCE reported a rise in 2Q16 earnings driven by manufacturing efficiencies and improved capacity utilization and procurement savings. Net income rose to $19.68MM from $17.33MM last year, while EPS slid to $0.20 from $0.24, due to higher weighted average diluted shares outstanding. Adjusted EPS increased to $0.28 from $0.27.
$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.