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$NEE intends to repay in full the EFIH debtor-in-possession financing facility of about $5.4Bil using cash financed by a non-EFH/Oncor $NEE affiliate upon closing. As part of EFH's reorganization plan, the transaction would extinguish all EFH and EFIH debt that currently exists above Oncor. The transaction is expected to be close in 1Q17.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein