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$AXP has made progress to reduce its cost base by $1Bil on a run rate basis by the end of 2017. The company has made faster progress than it had anticipated on identifying and executing the key initiatives behind this effort. In 3Q16, this translated into OpEx being down 3% YoverY despite the $44MM restructuring charge taken in the quarter.
$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?