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As of July 20, 2015 $AN had 113,441,149 shares of common stock outstanding. $AN’s effective income tax rate was 38.3% compared to 38.7% in 2Q14. Cash flows from operating activities increased significantly by 14.8% for 1H15 to $242.3MM compared to 1H14. $AN repurchased 0.8MM shares with avg. purchase price per share of $62.78.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.