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$NAVI 2Q15 Q&A: Beardsley of Goldman Sachs asked on OpEx savings of $25MM, how much incremental ability is there to take cost out as portfolio amortizes. Somasak answered that in terms of moving from $900MM to going to 2016, has removal of $25MM, but also has another $25MM coming out of expense base next year because of structuring initiative.
$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?