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$KSS said it ended 1Q16 with $423MM of cash and cash equivalents, a decrease of $772MM from last year. Inventory dollars per store were 2% lower than 1Q15, consistent with the company's guidance of down low single digits despite the challenging sales environment. AP as a percent of inventory fell 650 BPs to 32.9%, which is due to lower receipts.
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.