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$AKAM expects 2Q16 non-GAAP EPS to be $0.62-0.65. Revenue is expected to be $566-582MM. $AKAM expects EBITDA margin to be 40% in 2Q16 and hopes to operate the company in the 40-41% range for the foreseeable future. GAAP GM is expected to be 65%. $AKAM expects non-GAAP operating margin of 27% for 2Q16.
$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?