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$GWR expects operating revenues of approx. $500MM and operating income in the range of $90-95MM in 3Q16. Net interest expense in 3Q16 is expected to be approx. $17MM and the company sees D&A at approx. $56MM. The company expects effective tax rate of 29% and diluted shares of 58.1MM in 3Q16. Diluted EPS is expected to be in a range of $0.90-0.95.
$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?