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Homebuilding company $KBH posted higher 3Q16 earnings, helped by increased operating income margin and double-digit growth in deliveries. Net income rose 69% to $39.63MM or $0.42 per diluted share vs. $23.25MM or $0.23 per diluted share in 3Q15. Total revenue rose 9% to $913.3MM vs. 3Q15, with housing revenues up 14%.
$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?