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Steve Powers of UBS probes on a question about $18Bil in gross to net spending, which is 27-28% of expected net revenues in 2016 & how it compares to what it was 5 or 10 years ago. $PG CFO Jon Moeller said the $18Bil has rose over time, driven in part by expansion in modern retailers on a global basis. $PG has great opportunity in that bucket.
$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?