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$KR's net total debt to adjusted EBITDA ratio grew to 2.11 in 2Q16 versus 2.02 last year. Over the last year, the company has used free cash flow to repurchase $1.1Bil in common shares, pay $406MM in dividends, invest $3.8Bil in capital, and merge with Roundy's, Inc. for $866MM. Return on invested capital, excluding Roundy's, was 13.95% in 2Q16.
$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?