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$EMR said it agreed to sell Network Power to Platinum Equity and a group of co-investors. The transaction is valued at $4Bil and $EMR will retain a subordinated interest in Network Power. The sale of Network Power is expected to close by Dec. 31, 2016. Network Power will continue to be led by Scott Barbour, who has been EVP of $EMR.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.