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Oil and gas E&P company $XEC has a senior unsecured revolving credit facility, which matures July 14, 2018. The credit facility has a borrowing base of $2.5Bil and aggregate commitments of $1Bil. As of June 30, 2015, $XEC had letters of credit outstanding under the credit facility of $2.5MM, leaving an unused borrowing availability of $997.5MM.
$FOXA just entered into a preliminary deal with Sky plc under which it will acquire all shares, or should I say remaining shares for a total value of $23 billion. The sleeping fox catches no poultry, but this fox just caught something that’s a lot bigger than poultry.
$BIG looks promising to me. Feels like it’s a good time to put some money on it.
$TWTR rolled out an iOS update Dec. 8 night that killed its famous "@" symbol. This lead to confusion among the iOS users when they tried it to reply to tweets.