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$LVLT reiterated 2016 guidance for adjusted EBITDA growth of 10-12% and free cash flow of $1-1.1Bil. $LVLT still sees GAAP interest expense of $555MM, cash interest expense of $510MM and CapEx of 15% of revenue. $LVLT still sees depreciation and amortization of $1.23Bil, non-cash compensation expense of $170MM and income tax rate of about 30%.
$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?