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At 1Q16-end, $MDT had approx. $18Bil in cash and investments and $35.6Bil in debt. Non-GAAP tax rate on a cash basis was 18.1%. On a full year basis, $MDT expects FY16 non-GAAP nominal tax rate on a cash basis to be between 16-18%. 1Q16 free cash flow was $592MM. In 1Q16, $MDT repurchased $750MM of its ordinary shares and paid $538MM in dividends.
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.