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Exploration and production company $APC posted a loss for 4Q15, hurt by lower revenues. $APC said it posted a net loss of $1,524MM, or $2.45 per share vs. a net loss of $479MM or 0.78 per share in 4Q14. Revenue & others fell 35% to $2.05Bil for the quarter. In FY15, $APC reduced YoverY capex by almost 40%.
$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?