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$EL's cost of sales as a percentage of total net sales for 1Q16 remained flat with last year at 20.4%. This reflected favorable impact of pricing and mix of business of about 30 basis points, offset by rise in shipments of promotional items and gifts of about 20 basis points and obsolescence charges of about 10 basis points.
$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?