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$EIX stated that O&M was not a major driver in 2Q16 as lower legal and labor costs due to workforce reductions, are mostly offset by planned outage and upgrades at the Mountainview Generation Plant, and higher pole loading costs. Net financing costs are $0.02 per share higher, mainly due to an increase in the amount of preferred stock outstanding.
$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?