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Bryan Spillane of Bank of America asks about the FY17 revenue build; how much of a drag will it be with barrel pricing not being as good as last year & some reduction in distributor inventory. $BF.A $BF.B said the distributor inventory is expected to have a $0.05 drag on the reported topline growth & barrel sales is not material to topline sales.
$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?