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Technology giant $IBM reported 4Q15 earnings of $4.46Bil, or $4.59 per diluted share, down 18.6% from earnings of $5.48Bil, or $5.51 per diluted share, a year ago. Revenue for the quarter declined 8.5% YoverY to $22.06Bil, hurt by a 10.7% drop in software revenue and a 14.6% drop in global financing revenue.
$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?