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$WY said it anticipates issuing about 23MM Weyerhaeuser common shares in conjunction with the conversion, based on about 13.8MM Preference Shares outstanding as of June 28, 2016. Instead of fractional common shares, Preference Shares holders will be entitled to receive an amount in cash to be computed based on a rate of $28.1226 per common share.
$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?