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Marketing and advertising company $IPG reported a fall in 4Q15 earnings due to pre-tax losses on sales of businesses. Net income fell 14.6% to $282.9MM or $0.63 per share from $331.3MM or $0.73 per share in the same period a year ago. Total revenue fell marginally by 0.5% to $2.19Bil, with organic revenue increasing 5.2% in 4Q15.
$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?