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Food and beverage company $KHC posted 4Q15 net income of $285MM or $0.23 per diluted share. Adjusted pro forma EPS was $0.62, that includes an approximate $0.03 benefit from the 53rd week of shipments. GAAP net sales rose 155% to $7.12Bil, helped by the merger of Kraft and Heinz. Pro forma net sales fell 5% to $7.1Bil, vs. 4Q14.
$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?