Summary: Oil prices are rallying on new hopes of an output freeze. The latest here is that Russia and Saudi Arabia are talking about stabilizing prices. This is raising hopes for a solution to the massive glut in the oil industry are rising. Crude oil prices are now at a 3 week high. Honeywell ( ) could be becoming more of a software company. The Wall Street Journal says it's nearing a deal to acquire JDA Software , a maker of software that helps businesses manage supply chains. The deal would value JDA at around $3 billion, including debt. The deal could be announced as soon as today. Apple ( ) is said to be readying another iPad Pro. An Apple analyst says the company will release a trio of new iPads in 2017, including a new size 10.5 inch iPad Pro and a 'low cost' 9.7 inch iPad. While sales of the iPad were declining overall, demand is surging from businesses and government.
