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$BF.A $BF.B, the maker of Jack Daniel's whiskey, reported higher 4Q16 results helped by higher operating income led by the Jack Daniel's family of brands and growth in Premium Bourbons and Tequilas. $BF.A $BF.B said net income rose 272% to $522MM, or $2.60 per share from $140MM, or $0.66 per share a year ago. Net sales fell 1% to $933MM.
$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?