Want to join the conversation?
Columbus, Ohio-based $IBP said it entered into a new five-year, $325MM senior secured credit facility with an accordion feature allowing it to increase the borrowing capacity to $400MM, subject to certain approvals. The credit facility consists of a $100MM revolving line of credit, a $100MM term loan, and a $125MM delayed draw term loan facility.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$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!