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$AXP, well known for its credit card, charge card, and traveler's check businesses, said that it continues to have a strong focus on controlling operating expenses, and remain focused on reducing cost base by $1Bil on a run rate basis by the end of 2017. In addition, the company said that it did incur $84MM in restructuring charge in 1Q16.
$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?