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Lockheed Martin Commercial Engine Solutions (LMCES), a part of $LMT said that it received an eight-year, exclusive contract from Frontier Airlines to perform engine maintenance, repair and overhaul on CFM56-5 engines for their Airbus A319s and A320ceos. As per the agreement, initial delivery orders will begin in the 1Q16 and continue through 2023.
$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?