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Drugmaker $ALXN reported a drop in 4Q15 earnings due to higher costs and expenses as well as continued currency headwinds and macroeconomic factors in Latin American countries. Net income fell to $66.6MM or $0.29 per share from $153.33MM or $0.76 per share last year. Revenue grew to $700.87MM from $599.48MM. Non-GAAP EPS slid to $1.13 from $1.30.
$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?