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Restaurant real estate company $FCPT said it has acquired 6 Pizza Hut restaurants in Illinois and Indiana for $5.7MM via a sale and leaseback transaction. The acquisition was funded with cash on hand. The restaurants are 100% occupied under triple-net leases with terms of 20 years and an average going-in cash cap rate of 7.2%.
$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?