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At Sept. 26, 2015, $TSCO had working capital of $807.7MM, which increased $136.8MM from Dec. 27, 2014 and increased $57.4MM from Sept. 27, 2014. $TSCO had contractual commitments related to the construction of its new distribution center in Casa Grande, Arizona of approx. $6.3MM at Sept. 26, 2015.
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.