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Passenger airline operator $LUV said it expanded its operating margin, excluding special items, to 19.7%, which is the highest it has been in more than 35 years. The company's pre-tax return on invested capital, excluding special items, for the 12 months ended March 2016 was 33.4%, which well exceeded cost of capital on an after-tax basis.
$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?