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$COG's net cash used in investing activities for 2015 decreased to $993.33MM from $1.66Bil in the previous year. The decline was due to a decrease of $524MM in capital expenditures, $198.4MM lower acquisition costs and a $9MM decrease in capital contributions associated with its equity method investments.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.