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During 1Q17, $KMX's CarMax Auto Finance (CAF) income fell 7.7% to $100.8MM due to a rise in the provision for loan losses and a lower percentage of total interest margin. This was partially offset by the effects of an increase in average managed receivables. As a result, average managed receivables grew 12.5% to $9.75Bil during the quarter.
$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?