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$AKAM reported 1Q16 CapEx of $85MM, at the low end of guidance. Free cash flow was $108MM, or 19% of revenue. Weighted average share count for the quarter was 178MM shares. In 1Q16, $AKAM spent $109MM to buy back roughly 2.2MM shares, and has about $960MM remaining on current repurchase authorization.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.