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Financial services technology firm $FISV posted higher earnings in 2Q16 due to strong growth in Payments segment leading to double-digit gains in adjusted EPS. Net income was $212MM or $0.94 per diluted share vs. $127MM or $0.53 per diluted share in 2Q15. Revenue rose 5% vs. 2Q15, helped by increased growth in Payments & Financial segments.
$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?