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Apparel & Home furnishing retailer $JCP announced its plan to upsize Asset-Based Revolving Credit Facility (ABL) to $2.35Bil from $1.85Bil. It also intends to prepay & retire outstanding principal amount of $500MM term loan that is scheduled to mature in June 2019. This will help reduce its interest expense by about $20MM yearly, beginning in 2016.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.