Want to join the conversation?
Commercial real estate firm $CBG said it extended the maturity on its revolving credit facility to March 2021 and increased its borrowing capacity under this facility by $200MM, to $2.8Bil. At 2015-end, $CBG had no outstanding borrowings on this facility, which currently has an interest rate of LIBOR 95 BPs and a facility fee of 20 BPs.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.
It is official, with $T buying $TWX, it looks like distributors want to own the content production too. Expect some good competition between Netflix ($NFLX), AT&T, Comcast ($CMCSA) and others. However, will this be good for the consumers will not be decided soon.
$NFLX a monster move, going up. Expect making some money on Monday.