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Copper and gold producer $FCX posted a wider 4Q15 loss due to a fall in revenue and charges primarily for the reduction of the carrying value of oil and gas properties and other items. Net loss widened to $4.08Bil or $3.47 per share from $2.85Bil or $2.75 per share last year. Revenue fell to $3.8Bil from $5.24Bil.
$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?