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$VRA expects FY17 net revenues of $510-520MM and gross margin of 57.7-58.2%. $VRA sees EPS of $0.90-0.98, based on diluted weighted-average shares outstanding of 36.9MM and effective tax rate of 38.3%. $VRA sees selling, general and administrative expenses as percentage of net revenue of 47.3-47.5% and net capital spending of about $20MM.
$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?