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Ben Bienvenu of Stephens Inc. asks about expense reduction. $CST said it has updated its labor model in its stores and this has led to some reductions in costs. Another focus is on maintenance and the company has put in some processes to reduce costs in this area. The company is also looking for ways to reduce the level of G&A costs.
$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?