$AYI said that it closed 3Q16 with $337MM of cash on hand after investing $614MM for acquisitions in 2016. The company added that it generated a record of $244MM from net cash provided by operations in the first three quarters of 2016, up $86MM or 54% from the year-ago period.
$GD’s total backlog at the end of 1Q17 was $60.4Bil. The estimated potential contract value was $24.6Bil. Total potential contract value, the sum of all backlog components, was $85Bil at the end of the quarter.
For $PG, beauty segment organic sales rose 1% in 3Q17. Grooming segment organic sales slumped 6%, while Health Care segment organic sales jumped 6%. Both Fabric and Home Care segment and Baby, Feminine and Family Care segment organic sales inched 1% up.
$TWTR pulled back from the products that it invested in 2016 hoping that they they would contribute in 2017. Now, the company has put those resources against higher probability bets like premium display advertising premium display advertising and online video advertising.