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$LLY anticipates 2016 marketing, selling and administrative expenses of $6-6.2Bil, and research and development expenses of $4.8-5Bil. The 2016 tax rate is expected to be about 20.5% on a reported basis and 22.5% on a non-GAAP basis. Capital expenditures are projected to be about $1.1Bil for 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?