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$ACXM's operating cash flow for 4Q16 rose 47% YoverY to $43MM, driven by earnings & working capital improvements in the current period. CapEx for the quarter was $19MM, flat to the year ago quarter. For FY17, $ACXM expects to see continued growth in its subscription related revenue, up about 60% in Connectivity. CapEx for FY17 is expected at $65MM.
$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?