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In 4Q16, $UNFI's total OpEx rose 12.6% to $283MM vs. $251.3MM in 4Q15, helped by acquisitions, including $2MM of amortization costs from acquisitions recorded in the quarter and lower incentive compensation in 4Q15. Free cash flow was $78.7MM, up $54.2MM over 4Q15, helped by stronger cash from operations, improved working capital and reduced CapEx.
$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?