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Operator of membership warehouses $COST said that 3Q16 reported GM was higher by 34 BP, which included a $19MM benefit from non-recurring legal settlements. This represented 7 BP of margin improvement or about $0.03 a share. The company said that it expects to have the new co-brand Visa cards for its members by the end of May, early June.
$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?