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$KIM completed the sale of interest in 64 US properties, 23 Canadian properties and the last asset in South America generating proceeds of approx. $600MM, which was used to fund $175MM redemption of preferred stock, to pay down debt and fund the acquisitions. The company finished 4Q15 with consolidated net debt-to-recurring EBITDA of 6 times.
$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?