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$MCO's 1Q16 operating income fell to $304.1MM versus 1Q15, resulting in an operating margin of 37.3% versus 42.9% in the prior year. MIS segment operating income fell 23%, with operating margin of 46.1%, 630 BP lower than 1Q15. MA operating income rose in 1Q16, with operating margin of 17.4% versus 16.5% in 1Q15.
$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?