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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.
$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?