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The company ended 3Q15 with total debt of approx. $42.7Bil and equity of $77.5Bil related to $AGN acquisition and previous financing. In 3Q15, the company paid down about $231MM of debt. In Oct. $AGN borrowed $800MM on its revolving credit facility to fund the Kythera acquisition. Leverage ratio is at 3.98 times debt to pro forma adjusted EBITDA.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.