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$AXP posted a 3% decrease in earnings in 3Q16 compared to last year, hurt by higher spending on growth initiatives and solid progress related to the company's efforts to reduce its cost base. Net income was $1.1Bil or $1.20 per share versus $1.3Bil or $1.24 per share last year. Revenues net of interest expense were $7.8Bil, down 5% from 3Q15.
$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?