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Non-alcoholic beverage corporation $KO's 2015 purchases of investments were $15,831MM and proceeds from disposals of investments were $14,079MM. This activity resulted in a net cash outflow of $1,752MM during 2015. 2015 effective tax rate was 23.3% vs. 23.6% in 2014. The company's effective tax rate is expected to be 22.5% in 2016.
$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?