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$CAVM said that the transaction will be funded with a combination of $220MM balance sheet cash, $750MM of committed financing, which includes $650MM of term loan and $100MM of short-term bridge debt, and $400MM in new Cavium equity. The transaction is expected to close in 3Q16 pending customary closing conditions.
Wham! $NFLX did not disappoint me! Stronger than expected results and an upbeat outlook and most importantly, the share price is up around 8% pre-market. What a time to be alive!
Well that’s interesting! $T’s CEO Stephenson says he has no plans to sell CNN, but in reality they might just I guess, to win Trump’s favor.
I guess the separation of Waymo from $GOOG wasn’t really needed, because the extra administrative work would just be a mess to control. Even without separation, $GOOG could still be focusing on self-driving projects as it had before. Feels like Alphabet is making Waymo run before it can even walk.
$TGT Not expecting anything right to happen for quite some time to this stock.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.