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Investor communications provider $BR posted higher earnings in 4Q16 due to a 3% increase in operating income led by revenue growth. Net income was $170.1MM or $1.40 per diluted share vs. $165.9MM or $1.35 per diluted share in 4Q15. Revenue rose 5% vs. 4Q15, helped by higher recurring fee revenues, distribution revenues & event-driven fee revenues.
$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?