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In 1Q16, in $ADS' LoyaltyOne segment, revenue decreased 2% to $381MM and adjusted EBITDA increased 10% to $85MM on a constant currency basis. In Epsilon, revenue declined 2% to $493MM and adjusted EBITDA dropped 22% to $81MM. In Card Services, revenue grew 17% and adjusted EBITDA rose 9%.
$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?