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Banking giant $C reported a jump in 4Q15 earnings on higher revenue and lower operating expenses. Net income climbed to $3.34Bil or $1.02 per share from $344MM or $0.06 per share last year. Revenue grew 3% to $18.46Bil, on 61% growth in Citi Holdings, partially offset by 2% fall in Citicorp revenue. Adjusted EPS soared to $1.06 from $0.06.
$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?