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$HAL's tax rate for the quarter came in a bit higher at 29% due to foreign currency hedging program gains. $HAL expect effecting tax rate to be approx. 26-27% for the fourth quarter. $HAL is reducing CapEx guidance by an additional $200MM to $2.4Bil for the year, representing a 27% YoverY decline given the decline in activity levels.
$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?