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$PXD said in conjunction with the $DVN acreage acquisition, the company expects to increase its horizontal rig count to 17 rigs in the northern Spraberry/Wolfcamp, with the first rig to be added in Sept. 2016 and two additional rigs added in each of Oct. and Nov. 2016. This will increase the 2016 capital budget by about $100MM to $2.1Bil.
$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?