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$ABT is planning to sell its vision care business, Abbott Medical Optics, to $JNJ for $4.325Bil in cash. The deal is expected to close in 1Q17, subject to approvals. The net impact of the deal is not expected to impact $ABT's overall targeted ongoing EPS in 2017. This targeted EPS excludes the expected gain and any costs related to the transaction.
$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?