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$NKE, world's largest sporting goods maker, reported higher 3Q16 results, helped by strong revenue growth and a lower effective tax rate. $NKE said net income rose 20% to $950MM, or $0.55 per share compared to $791MM or $0.45 per share a year ago. Revenue rose 8% to $8Bil helped by strong consumer demand.
$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?