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For 2015, $COF recorded lower income tax provisions of $1.9Bil or 31.8% effective income tax rate vs. $2.1Bil or 32.7% in 2014. The decrease in effective tax rate was primarily due to lower income before taxes, higher discrete tax benefits and increased net tax credits. This was partially offset by a reduced benefit of lower taxed foreign earnings.
$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?