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$ADI 3Q15 Call: GM was 66.1%, down 40 BPs from prior quarter and was well within our GM model range of 65-68%. Factory utilization in 3Q was about even to prior quarter. Inventory on a days' basis in 3Q increased by one day to 128 days, and on a dollars basis, increased by $30MM. Deferred revenue on shipments to distributors increased by 6%.
$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?