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Sporting goods retailer $HIBB posted lower 2Q17 results hurt by higher cost and expenses. $HIBB said net income fell 7.39% to $6.51MM, or $0.29 per share from $7.03MM, or $0.28 per share a year ago. Net sales for the quarter grew 3.85% $206.93MM from $199.26MM a year ago, while comparable store sales rose 0.8%.
$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?