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CapEx for $BF.A $BF.B in FY17 came in at $108MM, below the company's original estimate, driven mainly by timing, as the long term capital expansion plan remains unchanged. The company expects some transition in integration cost in FY17 in the range of $5-10MM and expects acquisitions to be about neutral to earnings.
$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?