Want to join the conversation?
$GRMN said it generated free cash flow of $135MM during 2Q16, a $71MM increase versus 2Q15. During 2Q16, the company paid dividends of approx. $97MM, repurchased about $25MM of company stock with approx. $123MM remaining for purchase through Dec. 2016. $GRMN added that it anticipates a full year 2016 tax rate of approx. 19.5%.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!