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In 4Q15, adjusted total revenue grew 2% and total expense fell 2%. $BK generated over 300BP of positive operating leverage mainly driven by its business improvement process. Net interest revenue was up 7% YoverY. $BK is in the early stages of rolling out its new platform NEXEN which will deliver additional functionality and capabilities to clients.
$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?