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$PKI ended 2Q16 with $1.1Bil of debt and $250MM of cash. 1H16 operating cash flow was $128MM. 2016 adjusted free cash flow is expected to be $300MM. Board approved new 2-year $8MM repurchase authorization that replaces current authorization expiring in Oct. 2016. Adjusted tax rate was about 18% in 2Q16, and is expected to be about 19.5% for 2016.
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.