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Paul Trussell of Deutsche Bank asks about GM expectations for 2H16. $FRED said it is seeing reimbursement pressure. $FRED believes that as specialty begins to grow, it will get some relief on margin dollars. The company expects to get benefits on the cost side of goods and has some pricing models that should help on the margins.
$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?