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$PWR said it expects CapEx for 2016 to be approx. $200-220MM, which compares to 2015 CapEx of $210MM. The company stated that it closed 11 acquisitions during 2015 for an aggregate consideration consisting of $110.4MM in cash and $10.1MM in securities, which enhance its Electric Power and Oil and Gas infrastructure service capabilities.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.