there are 1:1's schedule for the 18th in the US and many other countries. Europe and some of the countries won't get notified for a while as their are EU approvals that are necessary.
This will be an odd timing for LR as it may (probably) short people their annual bonus at the end of July and stock that vests in September. We will see tomorrow.
Someone posted this on another thread few hours ago (@Ni19Mjr-3ltn), can anyone confirm this?
Nothing odd about it. People here have the shortest term memory on earth. You are worst than the ELT.
In 2009 and 2011, for example, they announced actions in April and May. It is all designed to get the charge (note the footnote on the earnings report) into this current FY. The LRs will happen as they legally can. Anybody getting "shorted" is just a bonus to the spreadsheet.
The idea is to put all the bad into one FY. However, I think they are delusional. There's more bad ahead.