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Bernstein analyst Toni Sacconaghi suggested that the current guidance implies a 15-20% unit decline in iPhone for 2Q16. $AAPL CEO Tim Cook said that iPhone unit sales will decline in 2Q16, but not to the 15-20% level. He also added that Q2 is a "toughest compare" and the current environment on a macro level is dramatically different.
$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?