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During 3Q15, $INTC generated $5.7Bil in cash from operations. $INTC purchased $1.2Bil of capital assets; paid $1.1Bil in dividends and repurchased $1Bil of stock in 3Q15. Total cash balance at 3Q15-end was $20.8Bil, up $7Bil QoverQ and net cash balance, total cash less debt and inclusive of its other longer-term investments, was about $5.1Bil.
Your favorite snack maker $MDLZ is selling its Vegemite brand to Bega Cheese. Don’t worry though, Oreo will stay, in fact the move was made to focus on Oreo and Cadbury. On a side note, tell your mate in Australia because Bega Cheese is a worth buy there now.
We all know oil is the buzzword in recent times. But if you did not know $RRC has as much as 40% upside in this year, do take a look. Don’t let the recent news about increased US oil production scare you, the rally isn't over!
Even the $ORCL Oracle Corporation that changed the face of database management still carries the legacy of racial discrimination. Not sure if this is the right place to say, but racial profiling accusations are growing dramatically in big companies!
Wham! $NFLX did not disappoint me! Stronger than expected results and an upbeat outlook and most importantly, the share price is up around 8% pre-market. What a time to be alive!
Well that’s interesting! $T’s CEO Stephenson says he has no plans to sell CNN, but in reality they might just I guess, to win Trump’s favor.