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Offshore drilling equipment maker $DRQ acquired TIW Corp for $143MM. The deal is expected to close in 4Q16. TIW's revenue is expected to trough between $60MM and $70MM in 2016 and is expected to increase to between $80MM and $100MM by 2018. Evercore served as $DRQ's financial advisor and PPHB served as TIW's financial advisor for this transaction.
$AAL is giving pay hikes to its employees but investors are sulking.
$APC stock tumbled more than 5.6% after last week's fatal home explosion in Firestone, Colorado prompted the company to close more than 3,000 wells for weeks.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.