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This comes in below our current consensus estimate of $88.43 million. The company noted that limited sales visibility and potentially high chip inventory levels were the reason for its caution. Its also important to note that Ambarella still brings in about 30% of its revenue from GoPro GPRO. Most investors will already be aware of the struggles faced by that company, but in case you didnt know, shares of GPRO are nearly 45% as demand for its action cameras continues to slip. For now, Ambarella remains a Zacks Rank #3 (Hold), and its relatively weak guidance is unlikely to spark much upward estimate revision activity. What was once one of the markets hottest stocks has become volatile and risky, and that may take AMBA out of play for many investors. Nevertheless, the Electronics Semiconductors business remains in the top 13% of the Zacks Industry Rank, which means that some of Ambarellas peers may still be solid picks. Investors should check out Amkor Technology AMKR, Applied Optoelectronics AAOI, Cirrus Logic CRUS, NVE Corp NVEC, and On Track Innovations OTIV. All of these stocks currently hold a Zacks Rank #1 (Strong Buy).
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Three flights carrying the bodies of 50 players, coaches, officials and journalists covering the team were to depart from Colombia late Friday. Another plane carrying other Brazilian victims is headed to Sao Paulo. Brazilian President Michel Temer is scheduled to greet the arriving cargo planes at the airport in Chapeco on Saturday, but is not expected at the memorial. In preparation for the service, residents hung more than 3,000 green and white origami pieces fashioned into the figure of a crane birds that are considered a symbol of peace onto the metal fence at the team’s Arena Conda stadium. — Chains and branded skin: California kidnap case baffles cops SAN FRANCISCO (AP) Three weeks after Sherri Papini disappeared, the question of whether she was dead or alive was answered when the young mother and wife was spotted waving frantically for help along a California freeway early on Thanksgiving morning. But the mystery over what happened to her during those 22 days just seemed to grow stranger. She was battered and bruised, her hands were chained, her long blond hair had been chopped off, and her flesh had been branded with a threatening message. The 34-year-old Papini told authorities that she had been kidnapped at gunpoint by two women Nov. 2 while she was out for a run near her home. http://meaudreyreyes.universitypunjabi.org/2016/10/07/useful-guidelines-for-intelligent-guidance-for-interview-systemsThe bizarre turn of events with many of the most sensational details released not by authorities but by her husband in an exclusive interview with ABC has baffled police and set social media aflutter, with armchair detectives scouring the internet’s darkest corners for clues and others arguing that the case is some kind of twisted hoax, like something out of the movie “Gone Girl.” no dataHer husband, Keith Papini, has condemned the rumors as “exhausting and disgusting,” and police have said they have no reason to doubt his wife’s harrowing account.
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