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During 3Q16, $CA generated cash flow from operations of $332MM versus $313MM in the year ago period. Cash flow from operations increased compared with the year-ago period primarily due to a decrease in vendor disbursements & payroll, partially offset by the decrease in cash collections due to an unfavorable effect of foreign exchange.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?