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Plastic compounds and resins maker $SHLM reported higher 2Q16 results helped by higher net sales and gross margin. For the quarter, $SHLM posted net income of $1.59MM or a loss per share of $0.02 compared to a net loss of $0.888MM or $0.03 per share a year ago. Net sales rose 9.1% to $591.8MM. Excluding items, $SHLM earned $0.31 per share.
$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?