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Ken Hoexter of Bank of America Merrill Lynch asks about the increase in Capex. $CSX said it came from the avoidance of seller financing charges that the company would have incurred if it had kept the original deal to pay off the engines next year. So it is an issue of timing over a couple of months with no impact on cash flow.
$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?