Want to join the conversation?
$WDC said that its 4Q16 revenue was $3.5Bil. Including the $SNDK ownership, the company's non-GAAP GM was 31% and OpEx totaled $691MM. Interest and other expense for the quarter included $181MM of interest expense related to the debt for the $SNDK acquisition. Non-GAAP tax benefit was $24MM during the quarter.
$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?