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$AEP agreed to sell four competitive power plants totaling 5,200 megawatts (MW) for about $2.17Bil to a newly formed joint venture of $BX and ArcLight Capital Partners. $AEP expects to net about $1.2Bil in cash after taxes, repayment of debt associated with these assets and transaction fees. The sale is expected to close in 1Q17.
Looks like $BAC is regaining its lost reputation after the 2008 financial crisis. I hope the stock will flourish under Trump.
$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..!!