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$TEL 3Q15 Q&A: Scribner of Deutsche Bank asked about global vehicle production number and also on revenue percentage of China. Tom replied that at a high level, China is running in 17-18% of total business. Auto production for 4Q15, globally about 21MM vehicles, up 3.5% YoverY & 2% on a FY basis, just under 87MM vehicles. For 3Q15, 21.7MM vehicles.
$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?