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During 1Q17, $SCHL's revenues of $282.7MM, rose 48% vs. 1Q16 due to higher revenue in all three segments. Operating loss was $63.1MM vs. $79.5MM in 1Q16. The company said that it typically records loss in 1Q since most US schools are not in session. Consolidated Trade revenue was $116.9MM in the Children's Book Publishing and Distribution.
$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?