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On a segment basis, $EMR said Process Management net sales fell 13% for 3Q16. Underlying sales were down 13% excluding unfavorable currency translation of 1% and an impact from acquisitions of 1%. Industrial Automation net sales were down 11%, while underlying sales were also down 11%. Network Powernet sales rose 8%, with underlying sales up 10%.
$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?