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$TYC's total CapEx was $246MM during FY15, down $42MM compared to FY14. In FY16, the level of CapEx is expected to exceed the spending levels in FY15 and is also expected to exceed depreciation expense. During FY15, $TYC paid cash for acquisitions totaling $583MM, net of $28MM cash acquired and $5MM of contingent consideration for 12 acquisitions.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
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!