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Los Angeles, California-based homebuilder $KBH posted 1Q16 net income of $13.1MM, which grew 68% from a year ago. Diluted EPS was $0.14 in the quarter compared to $0.08 in 1Q15. Total revenue grew 17% to $678.4MM as compared to $577.9MM last year.
$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?