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Specialty retailer $FIVE reported an increase in 1Q16 results helped by higher sales and strength at new and existing stores. Net income grew to $6.8MM or $0.12 per share in 1Q16 compared to $4.3MM or $0.08 per share in 1Q15. EPS grew 50% in 1Q16. Net sales rose by 25.4% to $192.7MM from last year.
$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.