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At the end of 3Q15, $TSS had $448MM in cash, an increase of $99MM from the end of 2Q15. The largest outflow of cash was $40MM of CapEx, of which about 35% was related to property and equipment, 28% was related to contract acquisition cost with the remaining 37% related to internally developed and licensed software.
$WTW Great marketing execution and overwhelming response to the development strategy is seeing the stock boom. Biggest intraday gain ( 30%) since Nov. 2015. Hats off to Oprah Winfrey !!
$HSY is planning to cut its global workforce by 15%.
$ACN spreading its arms!! Now into pipeline network and emergency management services, thanks to the latest Davies Consulting buy.