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During 1Q17, $RL said that it spent $78MM vs. $68MM in 1Q16 mostly to support the retail store network, concession shops and infrastructure projects. The company paid approx. $100MM related to repurchase of its Class A common stock. At quarter-end, approx. $200MM remained available for future share repurchases.
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.