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$STZ lowered its FY17 capital expenditures guidance to range of $1.125-1.225Bil from prior estimate of $1.25-1.35Bil. However, the company raised its free cash flow outlook to range of about $375-475MM from prior forecast of $250-350MM. $STZ still expects weighted average diluted share outstanding of about 206MM.
$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?