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BAUER Maschinen, part of BAUER & $SLB said that they have inked a JV to manufacture land drilling rigs & associated products. Bauer & $SLB will have 51/49 ownership of the JV, respectively. Through the JV, land drilling rigs & associated rig equipment for oil, gas & geothermal sectors will be developed & manufactured for $SLB & other third parties.
$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?