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$MSFT reported a rise in 1Q16 earnings helped by lower provision for income taxes. Net income was $4.62Bil or $0.57 per share, up from $4.54Bil or $0.54 per share last year. Revenue dropped to $20.38Bil from $23.20Bil. Results were driven by strong execution of new devices, Windows 10, office 365 and Azure.
$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?