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$KBR said it agreed to buy Honeywell Technology Solutions Inc. (HTSI) from $HON. HTSI will be integrated into KBRwyle, a subsidiary of $KBR. The transaction price to $KBR is $266MM, after adjustments for about $34MM of acquired tax benefits. The transaction is expected to close by end of October 2016.
$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?