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Fuel and convenience retailer $CST posted higher 2Q16 results, driven by an increase in both the U.S. and Canada motor fuel and merchandise and services gross profit. $CST said net income rose 8% to $27MM, or $0.36 per share from $25MM or $0.36 per share a year ago. Revenue fell 1.1% to $2.51Bil. Excluding items, $CST earned $0.39 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?