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IT management software maker $CA posted 4Q16 net income of $174MM or $0.42 per diluted share vs. $151MM or $0.34 per diluted share in 4Q15. Non-GAAP EPS was $0.60. Revenue fell 1% to $1Bil vs. 4Q15, hurt by an unfavorable FX effect of $28MM. Acquisitions of $RALY and Xceedium, Inc. contributed approx. 3 points of revenue growth.
$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?