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$MU estimates that cash expenditures in 2016 for property, plant, and equipment to be about $5.3-5.8Bil. Investments in CapEx for 2015 were $4.12Bil. In addition, as a result of the MMJ acquisition and capacity expansion in Singapore, $MU expects its future capital spending will be higher than its historical levels.
$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?