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$UTX announced an agreement to sell its Sikorsky Aircraft business to Lockheed Martin Corp. on July 20, 2015 for $9Bil in cash, subject to a working capital and net indebtedness adjustment. The closing of sale is expected either by the end of 2015 or in 1Q16. Sikorsky will be reported in discontinued operations beginning 3Q15 as a result of this.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.