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Oil & gas exploration and production company $CXO said that its credit facility, as amended and restated, has a maturity date of May 9, 2019. The company's current borrowing base is $2.8Bil, which is a reduction from its previous borrowing base of $3.25Bil. Lease payments related to operating leases was $2MM for 1Q16.
$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?