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In Jan. 2016, $BDX amended an existing $1Bil syndicated credit facility with a $1.5Bil facility with an expiration date of Jan. 2021. The facility includes a single financial covenant that requires $BDX to maintain an interest expense coverage ratio not less than 5-to-1 for 4 consecutive quarters. The company is compliant with this as of Dec. 31.
$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?