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$JCI expects the Adient separation costs to be about $400-600MM. Adient will have $3.5Bil of gross debt. It will retain $500MM and pay a $3Bil dividend back to $JCI before the spin-off. The first part of Adient's financing plan involves putting in place a $1.5Bil revolver for working capital purposes and $1.5Bil of Term Loan A.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.
People who are looking for a steady growth stock should take a look at $EME. This stock has never had a significant downfall in the last five years. Comfortably beats consensus target most of the time. Such potential, much wow!
Looks like Creative Planning jumped on the bandwagon! Increased its stake by 91% in $EWBC. A lot of companies recently raised their stack too. I smell something’s cooking.
Hey $DIS, you are better off with Princess Cinderella and Prince Charming. Sports just ain’t your thing! Maybe it’s time you listened to investors about the ESPN separation!