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$HRL reported dividends received from affiliates of $5MM during 1Q16. The company recognized a basis difference of $21.3MM related to the formation of MegaMex Foods, LLC. Of this amount, $15.9MM is remaining as of Jan. 24, 2016. This difference is being amortized through equity in earnings of affiliates.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.