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$LEN is increasing its goal for Financial Services to $130-135MM of profit for 2016. For Rialto, $LEN expects to earn $15-20MM for 2016. The one-time writeoff of the hospital receivables will bring the range to flat to $5MM of profit for the full year and is weighted more heavily towards 4Q16. $LEN expects $50-55MM of profit for Multifamily.
$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?