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On Jan. 26, 2016, $HBAN signed a deal under which FirstMerit Corporation will merge into $HBAN in a stock and cash transaction for about $3.4Bil. FirstMerit shareholders will receive 1.72 shares of $HBAN common stock and $5.00 in cash for each share of FirstMerit common stock. The transaction is expected to be completed in 3Q16.
$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?