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$KIM said that in 2015, it completed the sale of 95 properties in the US for a gross price of $762MM & a blended 6.9% cap rate. For 2015, $KIM budgeted $189MM of projects delivering 10.6% incremental return. Due to some cost savings, the company came in under budget on cost of $184MM & above budget on NOI, improving the incremental return to 11.3%.
$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?