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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%.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.