Want to join the conversation?
$MHK stated that receivables ended 2Q16 at $1.4Bil with its DSO up to 54 days from 52 days last year. This was mainly due to channel mix. Inventories at 2Q16-end were $1.7Bil. Inventory days continued to show good improvement with 105 days this year compared to 106 days last year. Fixed assets were $3.2Bil at the end of 2Q16.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.