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During 2016, $K expects to recognize $17MM of net unrecognized losses in pre-tax accumulated other comprehensive income (AOCI) as net pension cost. Pre-tax AOCI not yet recognized as net pension cost was $593MM at Dec. 31, 2015, and $587MM at Dec. 31, 2014, consisting entirely of net unrecognized losses.
$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?