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$JOY has two financial covenants in its credit facility, leverage covenant and interest coverage covenant. Leverage covenant is 3x and the company expects to end the year at around 2.4x level on the interest coverage. With respect to credit facilities and accessing liquidity on those facilities, there is no impact.
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.