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At Oct. 2, 2015 $CSC's cash and cash equivalents (CE) were $1.8Bil. As of the same date, foreign subsidiaries outside US held approx. $539MM CE vs. $1.2Bil at FY15-end. $CSC has no current plans and does not anticipate repatriating cash to the US as taxable dividends. At 2Q16-end $CSC's ratio of net debt-to-total capitalization rose 10.2% vs. FY15.
$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.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.