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Insulin Humalog maker $LLY reported higher 2Q16 results, helped by 2015 charges related to the repurchase of debt, and higher operating income, partially offset by higher income taxes. $LLY said net income rose 24% to $747.7MM, or $0.71 per share, and revenue rose 9% to $5.405Bil. Excluding items, $LLY earned $0.86 per share.
$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?