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YTD cash flow from operations was $317MM compared to $276MM in the year-ago period. In 2015, $MKC returned $226MM of cash to shareholders through dividends and share repurchases and used $211MM of cash and short-term borrowings for the three acquisitions. 3Q15-end debt-to-adjusted EBITDA ratio was 2.0, slightly above the target of 1.5-1.8.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.