$CPLA said that it has entered into an amended & restated revolving credit agreement. The agreement continues to provide $100MM of borrowing capacity, with conditional increase option of an additional $50MM. The agreement has a term of five years ending Dec. 18, 2020 and replaces the previous five-year agreement scheduled to expire Sept. 30, 2016.
$FTR reorganized its business structure with the creation of new consumer and commercial business. The company said that the previous structures were more regionally focused and it had seven regions structure before the reorganization.
$PCLN believes that over the next decade China will continue to be
one of the largest opportunities for travel growth in terms of increasing market
share for the company. $PCLN also sees opportunities to increase domestic market
share in the US.
$PRGO said that in the Consumer Healthcare business, it has been seeing certain pricing pressure. Therefore, across categories $PRGO competes in, it has competitive pricing. The company expects pricing pressure to continue in different segments going forward. But given the growth in new products, $PRGO expects to overcome the pricing challenges.