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$CAA's net new orders for 1Q16 rose by 4% to 4,135 homes, with the dollar value of these orders up 9% and monthly sales absorption rate was 2.4 per community for 1Q16, flat from pro forma 1Q15 and up 55% from 4Q15, consistent with normal seasonal patterns. Cancellation rate was 12%, down 200 basis points from 1Q15 and down from 22% for 4Q15.
$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?