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$PVH now expects to generate about $500MM of free cash flow in 2016. $PVH used a portion of this free cash flow and existing cash on hand to fund the acquisition of the 55% interest that it did not already own in TH China and expects to use the remaining free cash flow to make similar levels of debt repayments and stock repurchases as in 2015.
$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?