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As of Sept. 30, 2015, $WU had cash and cash equivalents of $1.4Bil, of which $1.2Bil was held by its foreign entities. $WU also had about $85MM in outstanding letters of credit and bank guarantees as of Sept. 30, 2015. The letters of credit and bank guarantees are primarily held in connection with lease arrangements and certain agent agreements.
$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?