Ash,tls reminds me of a mother duck,ie the tls connectivity network global and domestic leading its ducklings ie content ownership and distribution,the the IoT's,retail mobile apps and services,NAS enterprise global and domestic and energy all growth divisions.ie ducklings all growth divisions.
imo This means tls should maintain a div above .20 cents going by transition figures but clearly short term can b used by tls as an excuse to cut div below .20 cents fy.
Energy needs to b treated as a revenue division not just a cost cutting division which it appears penn has in mind.
The banks ???? housing and credit cards????.
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