Textron Buys Beechcraft for $1.4B

Dec. 27 (Bloomberg) –- Bloomberg’s Adam Johnson reports on Textron adding to its aircraft fleet with the $1.4B Beechcraft buy on Bloomberg Television’s “Lunch Money.” (Source: Bloomberg)

Vitol CEO Sees Oil Priced Between $40 - $60 For a Decade
09:03 - Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house. "It’s hard to see a dramatic price increase," Vitol Group BV Chief Executive Officer Ian Taylor told Bloomberg’s Ryan Chilcote in an interview, saying prices were likely to bounce around a band with a mid-point of $50 a barrel for the next decade. UBS Head of Global Asset Allocation Mads Pedersen joined Chilcote on set with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown” for further analysis.
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