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$BBT's 2Q16 net interest margin was 3.41%, down 2 BPs versus 1Q16, due to lower interest rate environment and higher security balances due to National Penn acquisition. For 3Q16, company expects GAAP net interest margin to fall a few BPs, driven by lower rates, a flatter yield curve and a reduction in benefits from purchase accounting.
$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?