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Financial services giant $MS swung to a 4Q15 profit from a loss last year, as the prior year included litigation costs, compensation deferral expense adjustments and FVA charges. Net income was $753MM or $0.39 per share compared to a loss of $1.75Bil or $0.91 per share last year. Revenue slid to $7.74Bil from $7.76Bil.
$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?