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$PNW said it plans to refinance a $215MM Aug. maturity and anticipates issuing up to $400MM of additional long-term debt in 2016. During 1Q16, Arizona Public Service Company (APS) increased its commercial paper program from $250MM to $500MM. At the end of 1Q16, $PNW had no short-term borrowings and APS had $262MM of commercial paper outstanding.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?