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If it breaches covenant, which could occur as early as mid-August 2016, $TDW said the lenders could declare it to be in default of the Bank Loan Agreement, the Troms Offshore Debt or the 2013 Note Agreement, as applicable, and accelerate the indebtedness thereunder. This will cause the company's senior notes issued in 2010 & 2011, to be in default.
$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.