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Beverage alcohol company $STZ reported an increase in net income to $243MM or $1.19 per share in 4Q16 versus $215MM or $1.06 per share in 4Q15 helped by higher operating income. Net sales grew 14% to $1.54Bil from 4Q15, reflecting organic net sales growth on a constant currency basis of 10% and acquisition benefits from Meiomi and Ballast Point.
$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?