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$MJN 2Q15 PR: Cash and cash equivalents grew by $177.4MM since Dec. 31, 2014 vs. $1,475.1MM at June 30, 2015. Long-term debt was $1,506.2MM as of June 30, 2015. The effective tax rate for 1H15 was 24% vs. 24.5% in 1H14. FY15 Guidance: Constant dollar revenue growth to be 0-2% vs. 2014. GAAP EPS to be $3.56-3.71.
$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?