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$CHK privately placed $850MM worth of convertible debt. The company plans to use the proceeds for general corporate purposes, including paying down debt and the repayment of credit facilities. The senior debt, due 2026, will be convertible into cash, common stock or a combination of both, the company said.
Seems like $AMD has hit the right wind. Its stock was up almost 9% to $9.45 on Tuesday following reports that it signed a licensing deal with Intel.
$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..?