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$BWA, which competes with $HON and Robert Bosch GmbH, said it generated $868MM of net cash from operating activities in 2015, up $66MM from a year ago. The company generated nearly $400MM of cash in 4Q15, driven by exceptional working capital management. CapEx was $577MM in 2015, up $14MM from 2014.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.