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$TSN's YTD operating cash flow was $1.9Bil and the company spent $515MM on CapEx. This outpaced the company's depreciation by $55MM as it continues to invest in projects with a focus on delivering high ROIC. $TSN's effective tax rate for the quarter was 31.8% & 33.9% on an adjusted basis. Including cash of $197MM, net debt was $6Bil for 12 months.
Trivago N.V. (TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31, 2017 on Monday, May 15, 2017. On the same day, trivago N.V.`s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM Eastern Time. These items will be available in the Investor Relations section of the company`s website at http://ir.trivago.com.
$VZ strikes again. After a depressing quarter, Verizon has jumped into action by launching its ultrafast competitor to Google Fiber - FiOS Gigabit Connection.
$PNRA is planning to expand its delivery service to about 40% of its restaurants by the end of this year.