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$JCP said it presented 3-year plan for accelerated growth and outlined financial expectations for improved performance beyond 2017. For 2017-19 period, $JCP expects compounded annual comparable sales growth of 3%, and gross margin growth of 75-100 basis points. $JCP expects to achieve net income of $450-500MM and EPS of $1.40-1.55 by 2019.
$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?