Want to join the conversation?
Automobile spare parts distributor $LKQ said that it has inked a definitive agreement to acquire Rhiag-Inter Auto Parts Italia for a value of EUR1.04Bil. The Company plans to finance the acquisition with borrowings on its revolving credit facility. The deal is expected to close early in 2Q16 & would add to earnings in 2016.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.