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Citigroup analyst Walter Pritchard questions on how much of $CA's new business is driven by the renewal cycle. CFO Richard Beckert says that the mainframe portion of that was really just the statement of what was to be renewed. The company had multiple contracts that were very heavy on the ES portfolio. This performed well as a standalone function.
$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?