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$BBRY retired its convertible debt of $1.25Bil just after 2Q17-end and replaced it with a convertible note of $605MM. By retiring the previous debt early, the company will save over $50MM a year in interest payments. The company expects to be free cash flow positive in 4Q17 and maintain its positive EBITDA outlook for the full FY17.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.