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Matt O'Connor of Deutsche Bank asks about net energy charge-offs. $STI said energy charge-offs over the past three quarters were $90MM. The majority of the energy book is downstream and midstream. $STI is halfway through in terms of energy charge-offs and any new energy charge-offs are likely to come over the next 3 or 4 quarters.
$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?