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$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.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.
$SWHC showing consistent increase in sales for the past three quarters suggesting the US craze for firearms is not going to subside soon.