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Power and energy company $D and $STR have agreed to combine together in an all-cash transaction where $D has agreed to pay $STR shareholders $25 per share, about $4.4Bil and assume $STR's outstanding debt. The transaction will add to $D's earnings upon closing, which is expected by year-end 2016 with limited impact on its balance sheet.
$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?