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$KEY said in 2Q16, avg. loan balances were up 5% compared to 2Q15. Avg. deposits, excluding deposits in foreign office, totaled $73.9Bil, up $3.6Bil from 2Q15. Corporate services income was up 23% and cards & payments income was up 11% from 2Q15. Reported non-interest expense was $751MM and net charge-offs were $43MM in 2Q16.
$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?