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$MKC said cash flow from operations through 1Q16 was $78MM compared to $96MM in the year-ago period. The company said it returned $102MM of cash to shareholders through dividends and share purchases, and used $22MM for CapEx during 1Q16. At the end of 1Q16, $522MM remained on the current $600MM share repurchase authorization.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!