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During 4Q16, $AIR paid cash dividends of $2.6MM, or $0.075 per share. The company repurchased approx. 61,000 shares for $1.4MM, or an average of $23.11 per share. SG&A expenses as a percentage of sales was 10.1% vs. 12.3% in 4Q15, while net interest expense was $1.1MM vs. $7.0MM in 4Q15.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.
Looks like Uber will be paying $20 million to settle a US Federal Trade Commission lawsuit. FTC accused Uber of false and misleading claims about driver pay and stuff. Uber however neither denied nor admitted and will just be paying the $20 million.