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A corporate restructuring was also announced by $BIIB in 3Q15 that included the termination of a number of pipeline programs and an 11% reduction in workforce. On guidance $BIIB said, revenue growth for FY15 is expected to be approx. 8-9% vs. 2014; R&D expense to be approx. 19-20% of total revenue; and GAAP diluted EPS to be between $14.65-14.95.
$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?