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$MCHP said its cash generation in 1Q17, excluding acquisition activities, dividend payments and changes in borrowing levels under the company's revolving line of credit, was $184MM. As of June 30, 2016, the consolidated cash and total investment position was $601.8MM. Borrowings under $MCHP's revolving line of credit at June 30, 2016 was $1.922Bil.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.