Scalper1 News
Cable and phone companies have surprised — and spooked — Wall Street with forecasts of higher capital spending than expected in 2014. Capital expenditures are closely watched by financial analysts, because higher spending can pare the companies’ free cash flow, a key measure of profitability. Lower cash flow, in turn, can reduce dividend hikes and stock buybacks. Still, the rising spending could be more friend than foe for the industry — if it Scalper1 News
Scalper1 News