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Rental and leasing services provider $URI said that while 2Q16 total revenue was close to flat YoverY, the company's earnings were up. Adjusted diluted EPS was $2.06 vs. $1.95 in 2Q15. The company said that it generated $679MM of adjusted EBITDA with a margin of 47.8%. $URI's time utilization rose 90 BP to 67.5% for the quarter.
$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?