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Medical devices company $STJ reported a decline 3Q16 earnings hurt by after-tax charges related to amortization of intangible assets and acquisition-related costs. Net income fell to $212MM or $0.73 per share from $215MM or $0.75 per share last year. Net sales grew 12% to $1.5Bil. Adjusted EPS increased to $0.99 from $0.97.
$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?