Freescale is still burdened with their debt due to going private. I expect that they will continue to pay off the debt and eventually get above water. In the mean time, don't expect the finacial community to give them any credit.
With the refi charge out of the way, it sounds like the operating profit is growing nicely year over year, and that the net profit margin should widen in the year ahead due to lower borrowing costs. All in all, a pretty nice quarter, I would think. And automotive sounds good.
So why are shares down $1 today to $15.34? Perhaps nervousness about the sluggishness of results in the industrial market?
Drones are, in essence, flying autonomous vehicles. Pros and cons surrounding drones today might well foreshadow the debate over the development of self-driving cars. In the context of a strongly regulated aviation industry, "self-flying" drones pose a fresh challenge. How safe is it to fly drones in different environments? Should drones be required for visual line of sight – as are piloted airplanes? Join EE Times' Junko Yoshida as she moderates a panel of drone experts.