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Equipment rental company $URI reported a decline in 3Q16 earnings due to a drop in rental rates as well as lower revenue. Net income slid to $187MM or $2.16 per share from $215MM or $2.25 per share last year. Revenue fell to $1.51Bil from $1.55Bil. Adjusted EPS increased to $2.58 from $2.57.
$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?