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$ADT had $355MM outstanding borrowings under its $750MM revolving credit facility as of Dec. 31, 2015 versus $335MM as of Sept. 25, 2015. During 1Q16, $ADT borrowed $130MM under its revolving credit facility and repaid $110MM using cash from operations. As of Dec. 31, 2015, the company was in compliance with all covenants on its debt instruments.
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.