Want to join the conversation?
$RAI said it ended 2Q16 with $1.9Bil in cash balances, which takes into account R.J. Reynolds' MSA payment of $2.3Bil in April 2016. In line with its previously stated commitment to deleverage as quickly and efficiently as possible, the company plans to repay its outstanding $500MM bond that matures on Aug. 4, 2016 with available cash on hand.
$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?