Want to join the conversation?
$RL said it currently expects consolidated net revenues for FY17 to decrease at a low-double digit rate. For FY17, operating margin is anticipated to be approx. 10% and tax rate is estimated to be approx. 29%. CapEx is expected to be approx. $375MM in FY17. The company added that this guidance assumes approx. $200MM in share repurchases.
$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?