KLX downgraded to hold from buy at SunTrust RH

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Boeing near deal to buy aerospace-parts company KLX: WSJ

Boeing Co. is nearing a deal to buy aerospace-parts company KLX Inc. , The Wall Street Journal reported Friday, citing sources familiar with the matter. The deal could be announced as soon as Monday, the report said. Stock of KLX, which has a market value around $3.7 billion, were briefly halted, and shot up more than 7% after it resumed trading. Shares of Boeing fell 0.2%.Boeing earlier this week reported better-than-expected first-quarter earnings, and shares are up 1% for the week.

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