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$CSAL said it closed purchase of Tower Cloud. $CSAL used cash on hand and borrowings under revolving credit facility to fund $185MM cash portion of purchase price and transaction costs, and issued 1.9MM common shares. Ron Mudry leads combined business as President of Uniti Fiber. Mike Friloux, previously CEO of PEG, has been named CTO of $CSAL.
$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?