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$SVU to sell its discount chain Save-A-Lot to Canada's Onex for $1.36Bil. $SVU expects to use the net proceeds from the sale to prepay at least $750MM against its outstanding term loan balance. The company intends to use the remaining net sale proceeds to further reduce debt. Barclays Capital & Greenhill & Co acted as financial advisors to $SVU.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.