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Electronic hardware and software design products provider $MENT reported drop in 2Q17 earnings due to lower revenues as well as merger and acquisition-related weakness. Net income fell to $3.44MM or $0.03 per share from $31.21MM or $0.26 per share. Total revenues dropped to $254.34MM from $281.06MM. Non-GAAP EPS declined to $0.15 from $0.36.
$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?