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On Oct. 21, 2015, $WYN closed a series of term notes payable, Sierra Timeshare 2015-3 Receivables Funding, LLC, with an initial principal amount of $300MM, which are secured by vacation ownership contract receivables and bear interest at a weighted average coupon rate of 2.69%. The advance rate for this transaction was 89%.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.