Want to join the conversation?
On a non-GAAP basis, $RHT's 2Q16 operating income grew 13% and operating margin was 24.4%. This non-GAAP operating margin was approx. 140 BPs above its guidance due to the strong revenue growth during the quarter. Using $RHT's estimated annual effective tax rate of 29%, non-GAAP diluted EPS came in at $0.47, $0.03 above its guidance.
$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?