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As of FY15-end, $SWKS cash and cash equivalents balance rose 30% to $1,044MM vs. FY14-end. This increase was helped by a 29% rise in cash from operations in FY15 from $772MM last year due to higher net income partially offset by changes in working capital. Additionally, $SWKS invested $430MM on CapEx related to plant expansions in Mexico and Japan.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.