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Maker of semiconductors $TXN said that on April 29, 2016, it agreed to issue $500MM principal amount of debt, which it expects to use for repayment of a portion of maturing debt. The offering is expected to close on May 6, 2016. The company had $1.28Bil of cash and cash equivalents and $1.52Bil of short-term investments as of March 31, 2016.
$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.