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In Food Care, $SEE expects sequential improvement in absolute dollars on top and bottom line in 2Q16 and accelerated growth in 2H16. In 2016, $SEE expects organic growth in sales and EBITDA with margin expansion. In Product Care, in 2Q16, $SEE will divest a $12MM product line in Europe. In 2016, $SEE expects top line growth and margin expansion.
$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?