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Experiential services company $VVI said it acquired audio-visual services provider ON Event Services. The deal has a projected IRR of more than 15%, and is expected to contribute revenue of $20-25MM and adjusted segment EBITDA of $3.5-5MM in 2016. For 3Q16, it is expected to contribute $6.5-8.5MM in revenue and $1-2MM in adjusted segment EBITDA.
$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?