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$HAR, which makes audio devices and navigation tools for automobiles, reported a flattish quarterly profit while revenue rose 12% to $1.9Bil. 4Q16 earnings stood at $73MM, or $1.01 per share. The increase in revenue was offset by a spike in expenses, mainly driven by a 10% jump in selling, general and administrative expenses.
$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?