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$QCOM reported 2Q16 effective tax rate of 21%. Company expects annual effective income tax rate to be about 18% for FY16 versus 19% in FY15. Tax benefits from foreign income taxed at rates lower than rates in the US are expected to be about 15% in FY16 versus 14% in FY15.
$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?