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$NAV said Volkswagen Truck & Bus will acquire 16.2MM newly issued $NAV shares, representing 19.9% of pre-deal outstanding stock, for $15.76 per share. $NAV will receive $256MM from the deal to be used for corporate purposes. Volkswagen will hold the $NAV shares for a minimum of 3 years, and will have the right to appoint 2 directors to $NAV BoD.
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.