Want to join the conversation?
$SIG said affiliates of Leonard Green & Partners will invest $625MM in form of convertible preferred shares. $SIG will expand BoD from 10 to 11 and appoint Jonathan Sokoloff to its Board upon closing, which is expected to occur in 3Q17. $SIG is increasing Board authorized share repurchase program by $625MM, bringing total to $1.1Bil.
$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?