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Real estate investment trust $VNO reported net loss of $114.2MM or $0.61 per share in 1Q16 compared to net income of $84.6MM or $0.45 per share in 1Q15, hurt by $165.1MM of real estate impairment losses. Adjusted net income was $42.2MM or $0.22 per share. Revenues grew to $613MM from last year.
$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?