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$XRX CEO Ursula Burns said that the company has launched a strategic transformation program, targeting incremental savings of $600MM over three years. This brings the company-wide total cumulative savings target to $2.4Bil over the three year period, said Burns. In 2016, $XRX expects a total of $700MM in annualized savings.
$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?