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As of Dec. 31, 2015, $EIX's and SCE's pension plans had a $4.4Bil and $3.9Bil benefit obligation, respectively, and total 2015 expense for these plans was $118MM for $EIX and $111MM for SCE. In 4Q15, as result of the 2015 GRC Decision, SCE recorded a $382MM write-down of regulatory assets previously recorded for recovery of deferred income taxes.
$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?