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On Aug. 3, 2016, $POST issued $1.75Bil aggregate principal amount of 5% senior notes due 2026 at par. The company will use the proceeds to fund its cash tender offer for approx. $1.242Bil of its 7.375% senior notes due 2022 and to repay the $374.4MM outstanding principal balance on its term loan
$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?