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$AXP said it expect its relationship with Costco in the US to end in June. The company expects the gain on the sale to approximate $1Bil. $AXP expects the portfolio sale gain to be partially used to fund spending on growth initiatives throughout 2016 and expects total spending on growth initiatives during 2016 to be consistent with 2015 levels.
$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?