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Beverage giant $KO posted lower 1Q16 earnings due to non-cash charges related to refranchising certain territories in North America and costs associated with productivity, integration and restructuring initiatives. Net income was $1.48Bil or $0.34 per share, down from $1.56Bil or $0.35 per share a year-ago. Revenue slid 4% to $10.28Bil.
$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?