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$DV said that 4Q16 costs, excluding special items, were $417MM, down 1.9% vs. 4Q15. Full-year 2016 costs excluding special items were $1.641Bil, down 4% vs. 2015. $DV continues its cost reduction efforts resulting in $34.4MM pretax restructuring charge relating to workforce reductions and real estate optimization at DeVry University & Carrington.
$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?