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$BK 2Q15 Q&A: Beatty of BofA ML asked about asset servicing. Gerald answered that QoverQ growth the company approached 50% of the collateral services, benefitting asset servicing line. He added that the company is still in the early innings, meaning that buy side hasn’t yet benefited fully from shifting some of their business to enjoy collateral.
$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?