FOX Translator
No data currently available.
No data currently available.
Just as your pulse is checked during a routine physical, free cash flow is used as an indicator of a company's health. It equals the cash brought in from operations minus the money needed to pay the bills. Think about leftover money in your checking account after you pay this month's bills.
Investors and analysts see this leftover money as a gauge of a company's ability to perform. It is available for transactions such as handing out dividends and working on new products.
Some argue free cash flow is wrongly overshadowed by the emphasis often placed on earnings. Earnings numbers can be manipulated and don't always tell the whole story -- and earnings don't mean much if there's nothing left over after a company pays its expenses. Even if you bring in a six-figure salary, but no money left after paying the bills, are you in great financial shape?
You don't have to be Einstein to figure out free cash flow. To calculate the number, subtract the company's expenditures and dividends from its operating cash flow.
If the free cash flow is written in red ink, it doesn't necessarily signal curtains. This is common for young companies looking to grow. It also could be a result of heavy investments, which in the long run could be worth a standing ovation.
Home / Markets / Industries / Finance
Wednesday, June 18, 2008
CB Richard Ellis Group, Inc. to Provide Commercial Real Estate Services for Dr Pepper Snapple Group
Comtex
DALLAS, Jun 18, 2008 (BUSINESS WIRE) ----CB Richard Ellis Group, Inc. (NYSE: CBG) today announced Dr Pepper Snapple Group (NYSE: DPS) has selected the Company to provide transaction management and lease administration services throughout the Americas. The assignment covers approximately 13.5 million square feet of industrial and office properties.
"We believe that CB Richard Ellis' extensive experience will help us strengthen the ongoing strategic direction and management of our assets," said Grant Dismore, vice president of sales operations for Dr Pepper Snapple Group. "They will be an important partner as we transform the management of our real estate portfolio to improve operational efficiencies."
Dr Pepper Snapple Group's properties consist mainly of industrial facilities used in the manufacturing, bottling and distribution of its consumer beverages.
CB Richard Ellis team members for the transaction include Daniel Rudd, vice president, and Seth Kelly, senior vice president, both of Dallas, Texas. Mr. Rudd and Mr. Kelly will co-manage the account, along with Nick Tansey, a senior vice president in Memphis, Tennessee, who will oversee lease administration services, as well as other CB Richard Ellis professionals.
About Dr Pepper Snapple Group
Dr Pepper Snapple Group, Inc., (NYSE: DPS) is an integrated refreshment beverage business marketing more than 50 beverage brands to consumers throughout North America. In addition to its flagship Dr Pepper and Snapple brands, the company's portfolio includes 7UP, Mott's, A&W, Sunkist Soda, Hawaiian Punch, Canada Dry, Schweppes, Squirt, RC Cola, Diet Rite, Penafiel, Rose's, Yoo-hoo, Clamato, Mr & Mrs T and other well-known consumer favorites. Based in Plano, Texas, Dr Pepper Snapple Group employs approximately 20,000 people and operates 24 bottling and manufacturing facilities and more than 200 distribution centers across the United States, Canada, Mexico and the Caribbean. For more information, please visit http://www.drpeppersnapple.com/.
About CB Richard Ellis
CB Richard Ellis Group, Inc. (NYSE: CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world's largest commercial real estate services firm (in terms of 2007 revenue). With over 29,000 employees, the Company serves real estate owners, investors and occupiers through more than 300 offices worldwide (excluding affiliate offices). CB Richard Ellis offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. CB Richard Ellis is the only commercial real estate services company named one of the 50 "best in class" companies by BusinessWeek, and was also named one of the 100 fastest growing companies by Fortune. Please visit our Web site at www.cbre.com.
SOURCE: CB Richard Ellis Group, Inc.
CB Richard Ellis Group, Inc. Kenneth Kay Sr. Executive Vice President and Chief Financial Officer 310.405.8905 or Steve Iaco Sr. Managing Director of Corporate Communications 212.984.6535
Copyright Business Wire 2008 ********************************************************************** As of Saturday, 06-14-2008 23:59, the latest Comtex SmarTrend� Alert, an automated pattern recognition system, indicated a DOWNTREND on 06-09-2008 for CBG @ $20.91. For more information on SmarTrend, contact your market data provider or go to www.mysmartrend.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright � 2004-2008 Comtex News Network, Inc. All rights reserved.
Market Snapshot
| Symbol | Last Price | Netchange | Volume |
|---|---|---|---|
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
| -- | -- | -- | -- |
