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$SPTN's gross margin for 1Q16 improved to 14.7% from 14.5% in the previous year quarter. This increase was primarily due to certain favorable rebate programs that will not cycle until 2H16 and mix of business operations. Operating earnings fell to $21.7MM from $23.9MM last year, due to higher restructuring charges.
$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?