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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.
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.