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Atlanta, Georgia-based airline company $DAL said that 1Q16 pre-tax profit was $1.56Bil as the business continues to benefit from low fuel costs and solid demand. The company's top line was roughly flat and it realized fuel savings that helped expand operating margins by nearly 10 points to 18.5% and generate $1.4Bil in operating cash flows.
$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?