Amphenol delivered solid results that were within our range of expectations. Sales grew to $1.15 billion in the third quarter, a 5% increase year over year. Revenue rose across the board relative to the year-ago quarter through a combination of organic and inorganic growth. On the operating front, gross margins expanded by 40 basis points, to…
Third-quarter profits fell a steep 43% at BB&T, to $268 million, or $0.37 per share, from $469 million, or $0.66 per share, a year earlier. However, the decline was due to an unusual tax item, without which profits would have come to $503 million, or $0.70 per share. The 7% increase in adjusted profits was…
On Tuesday, Plains All American Pipeline PAA announced the negotiated terms of its proposed merger with its natural gas storage subsidiary, PAA Natural Gas StoragePNG. PNG’s public unitholders are to receive 0.445 common unit of PAA, higher than the proposal of 0.435 common unit announced in August. The amount is equivalent to about $23.27 per PNG unit,…
Dropbox was one of the earliest cloud-storage service providers. It gives its users a fairly safe supply, but its new feature makes it an outstanding tool in business communication as well.Read More >>
Facebook offered 3 billion dollars for Snapchat, the provider of ephemeral message service. It can be a try from Facebook to get back its leading position, which is risked by Instagram and other providers.Read More >>
Looking for an ideal Chrsitmas present? Looking for something nice for a book-lover friend? Or you just simply like reading? There are the best bargains for you!Read More >>
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