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Sanford Bernstein analyst Josh Stirling questions on the higher growth rates asking $PGR to comment on the structural impact of initiatives. CEO Glenn Renwick said that the company has growth rate of 94.6% and has to run the base business properly. $PGR has to keep it at a point where it will be able to take advantage of market conditions.
$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?