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$DOW's cash from operations reached $2.5Bil in 3Q15, up $700MM or 41% vs. 3Q14 and has now reached $8Bil over the last 12 months. Further, recent close of Dow Chlorine Products divestment on Oct. 5 had tax efficient value of $5Bil or a taxable equivalent value in excess of $7.5Bil. As a result of this transaction its net debt went down by $3Bil.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.