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In 4Q15, $EMC gross profit was up 1% vs. last year, excluding the impact of VCE accounting and FX changes. The company ended the quarter with $14.8Bil in total cash and investments and $1.2Bil in EMC domestic cash excluding VMware. Free cash flow was $1.5Bil for 4Q15 and $3.9Bil for the year. $EMC is on target with its cost reduction goals.
$DAL has good news for New York - Rio de Janiero fliers. Delta plans to start new daily non-stop service between JFK and GIG in Dec. 2017.
Wow!! $MU’s shares rising rapidly. I guess that’s because they beat their second quarter earnings estimates.
It’s not much surprising $FTR shares hit an all-time low as the decline was consistent since the beginning of the year.