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$LMT said it will receive a special cash payment of $1.8Bil, which will be used for repayment of debt, dividends and/or share repurchases, in connection with the closing of the transaction. The final exchange ratio for the exchange offer was set at 8.2136 shares of common stock of Abacus Innovations for each $LMT common share.
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.