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$SSS said it has closed its acquisition of LifeStorage, a privately-owned self storage operator, for a purchase price of about $1.3Bil. The purchase was funded primarily with the proceeds of a 6.9MM common stock offering the company completed in May 2016, and a June 2016 sale of $600MM of 10 year notes with an interest rate of 3.5%.
$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?