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$PLKI, the franchiser and operator of Popeyes restaurants, said it completed a new, five-year $250MM revolving credit facility on January 22. Pursuant to the refinancing, the Company borrowed $109MM to retire its previous facility, leaving approximately $141MM available to borrow and invest in its growth strategies, $PLKI said.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.