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$MCK 1Q16 Call: Total adjusted operating expenses of $1.8Bil were down 5% for 1Q16 on a reported basis and up 1% on a constant currency basis. Adjusted other income was $13MM. Interest expense of $89MM, decreased 7% on a reported basis. Adjusted tax rate was 31.1% and for FY16, we continue to expect adjusted tax rate of 31.5%.
$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?