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Social networking company $FB said that during 1Q16, worldwide avg. revenue per user (ARPU) rose 33% YoverY to $3.32. Over this period, ARPU rose by 49% in the US & Canada, 33% in Europe, 32% in Asia-Pacific, and 14% in Rest of World. On a sequential basis, ARPU fell 11% in 1Q16.
$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?