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$SJM's 2Q16 cash from operations was $275MM vs. $92MM in 2Q15. Along with income increase and non-cash items of D&A, this cash flow increase primarily reflects lower working capital needs mostly for inventory. Factoring in CapEx of $64MM, 2Q16 free cash flow was $211MM, bringing YTD total to $463MM. Total debt at quarter-end was just over $5.85Bil.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.