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$MCHP 1Q16 Call: Consolidated inventory at June 30, 2015, was $303.7MM or 123 days, up by 12 days to the levels at the end of the March quarter. As of June 30, 2015, the consolidated cash and total investment position was $2.43Bil and borrowings under revolving line of credit were $497MM. Capital spending was approx. $33.6MM in the June quarter.
$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?