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$PEP maintained its net capital spending on a rolling four quarter basis, within its target of 5% of net revenue. The company also remains on track to return approx. $7Bil to shareholders in 2016, through a combination of $3Bil in share repurchases and $4Bil of dividends. During the quarter, $PEP increased its annualized dividends per share by 7%.
$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?