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$DCI said it expects the full year effective tax rate to be between 25-26%. The company also said it raised its estimates of free cash flow & cash conversion, primarily due to its efforts to reduce working capital. Including FY16 CapEx of approx. $80MM, $DCI expects free cash flow of $200-230MM, translating to a cash conversion of between 100-115%.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$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.