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$OXY said it reduced its overall cash operating costs by 23% and achieved SG&A savings of 14% versus 1Q15. The company's 2016 capital program is $3Bil, which is a 50% reduction from 2015. $OXY stated it is on track to achieve this with 1Q16 capital spend of $687MM.
$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?