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Orest Wowkodaw of Scotia Bank asks about Grasberg, specifically the production outlook. $FCX said the company has changed the mine plans and what the company has not done yet is defer the necessary steps that would allow to begin ramping up the Grasberg Block Cave production once the pit is completed, which will now be in early 2018.
$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?