Want to join the conversation?
Net additions to property, plant and equipment were $154MM in FY15 and were funded with a combination of cash on hand and cash generated from operations. $ADI expects capital expenditures for FY16 to be in the range of $140-160MM. As of Oct. 31, 2015, the company had no off-balance sheet financing arrangements.
$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!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.