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$ALK said its cash flow from operations for 1H16 was $900MM and the company ended 2Q16 with over $1.6Bil of cash on hand. Adjusted for leases, the company has a net cash position of approx. $700MM and its debt to cap is at 25%. $ALK added that its balance sheet positions it well for its planned merger with Virgin America in 4Q16.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.