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$PNC, which competes with likes of $BAC, $JPM, and $WFC, expects 2016 purchase accounting accretion to be down approx. $175MM compared to 2015. 4Q15 net interest margin was 2.7%, up 3 BP linked quarter. 4Q15 total fee income rose by $27MM or 2% linked quarter driven by growth in most categories.
$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?