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$IP recorded Ilim JV equity earnings of $34MM in 4Q15 versus an equity loss of $9MM in 3Q15. A non-cash after-tax FX loss of $19MM or $0.05 per share was recognized in 4Q15 due to Ilim's US dollar denominated net debt. Free cash flow was $501MM and cash from operations was $990MM in the quarter. Net corporate expenses were $9MM.
$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?