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$ASNA said GM for 3Q16 was $1.02Bil, or 60.9% of sales compared to $1.01Bil or 57.7% of sales a year ago. The company also said its expenses were up 1% YoverY, with the increased cost primarily by higher marketing & general and administrative expense. CapEx for 3Q16 was $96MM and outlook for FY16 remains in line with guidance of $375-400MM.
$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?