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In 2Q16, $DRI finalized sale leasebacks for its Orlando restaurant support center and 15 more restaurants totaling 62 with two more remaining. Net proceeds from these transactions were about $631MM. These proceeds, along with existing cash, were used to retire about $1Bil in total debt. $DRI retired $270MM at 2Q16-end and $743MM after closing 2Q16.
Planned to give Apple AirPods as a Christmas present to my beloved one. Looks like I need backup plans as $AAPL is delaying the release..!!
When you fall hard, I think you stay there for a long time.. I am looking at you $FTNT! After it released the earnings, the share price slipped and is staying around $30 for a long time.
$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.