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Breakfast cereal maker $GIS said that during 3Q16, in advance of planned debt financing, it entered into $400MM of treasury locks with an avg. fixed rate of 2.1% due Feb. 15, 2017. The net notional value of commodity derivatives was $343.4MM as of Feb. 28, 2016, of which $146.9MM related to energy inputs & $196.5MM related to agricultural inputs.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.