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$ORCL said that for FY16, total software and cloud revenues totaled $29Bil, up 3% in constant currency. Cloud SaaS and PaaS on the other hand grew 52% to $2.2Bil. $ORCL said its SaaS and PaaS business has grown to a point where it expects the dollar growth in SaaS PaaS revenue to exceed the dollar decline in new software licence in FY17 & beyond.
$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?