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During 1Q16, $MHFI returned $296MM to shareholders through a combination of $200MM in share repurchases for 2.2MM shares and $96MM in dividends. The company has authorization from the Board of Directors to repurchase up to an additional 33.3MM shares. $MHFI maintained its previously mentioned 2016 outlook.
$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?