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$AGN said that it has completed the sale of its Global Generic business to $TEVA. $AGN received $33.4Bil in cash and 100.3MM shares of $TEVA stock valued at $5.4Bil based on the opening price of $53.39 for $TEVA shares on August 2, 2016. These shares are subject to a 12 month holding period post-close of the transaction.
$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?