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John Pancari of Evercore asks about the targeted efficiency ratio expectation for 2016 and 2017. $DFS said it expects to trend back down to the 38% efficiency level over the course of this year. $DFS does not believe the company will achieve it for 2016 given some increased costs at the start of the year. Opex will be lower in 2016 versus 2015.
$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?