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$TWX said, since its last call, the company issued $800MM of long-term debt at an attractive rate. The company ended 2Q16 with $22Bil of net debt, up around $350MM compared to the end of 2015. $TWX invested $583MM for a 10% stake in Hulu, which will hit in 3Q16.
$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.