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On June 9, 2015, $A's commitments under the existing credit facility of $400MM entered with a financial institution was raised by $300MM to $700MM. At 3Q15-end, $A had no borrowings outstanding under this facility. $A also has no borrowings outstanding with the $7MM Danish Krone equivalent credit facility with a Danish financial institution.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.