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$TGT expects to use the $1.4Bil of after-tax proceeds from sale of its pharmacy and clinic business to $CVS to settle about $200MM of retained pharmacy and clinic net liabilities and return capital to shareholders. The transaction is expected to be accretive to EPS in every period after closing and should add 50 points to ROIC over time.
$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?