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$NOC's segment operating income for 2015 fell $179MM, or 6%, from 2014 and segment operating margin rate slid to 12.4% from 12.9% in 2014. The fall was due to lower sales volume and absence in 2015 of $75MM in settlements and benefit of about $45MM from lower 2014 CAS costs due to passage of Highway and Transportation Funding Act of 2014.
$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.
$EBAY earnings reaction.