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Financial data firm $FDS reported a jump in 4Q16 earnings driven by higher revenue as well as a $81.7MM gain related to sale of Market Metrics business in July 2016. Net income rose to $144.31MM or $3.55 per share from $62.18MM or $1.48 per share last year. Revenue grew to $287.3MM from $261.78MM. Adjusted EPS increased 11.9% to $1.69.
$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?