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$DOV now expects 2016 revenue to decline 4-5% compared to prior forecast of down 3-5%. $DOV lowered 2016 EPS guidance to range of $3.00-3.05 from prior estimate of $3.35-3.45. This revised revenue forecast includes organic revenue of down 7-8%, as compared to the prior estimate of down 6-8%. For 3Q16, EPS is expected to be $0.81-0.83.
$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?