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$ROP CEO Brian Jellison said that the company's operating cash flow was $170MM in 2Q16. This brings YTD adjusted operating cash flow to $414MM with cash conversion of 132%. 2Q16 orders were up 9% to $956MM. As a result of strong cash performance, sizable liquidity & a pipeline of acquisition opportunities, $ROP expects to invest over $1Bil in 2016.
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.