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$MCD said more than 80% of its global restaurants are franchised and the largest driver of operating income is franchise margins. In 2Q16, growth in global franchise margins was led by the US and the international lead markets. Franchise margins totaled $1.9Bil, up 6% in constant currencies and contributed $100MM to global operating income growth.
$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?