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$EMR expects 2Q16 underlying sales to decline about 4-6%, excluding negative currency translation and an impact from divestitures of about 2% each. Reported sales for 2Q16 are expected to be down about 8-10%. $EMR projects 2Q16 adjusted EPS of about $0.60-0.65, excluding about $75MM of separation costs, and reported EPS of $0.49-0.54.
$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?