Want to join the conversation?
$M, which competes with $DDS, JC Penney and Saks, said it is expecting that its gross margin rate for the full year will be approx. flat to last year. Expense dollars are now expected to be below last year for the full year, but the rate as a percent of sales will be higher. The company expects to return to its 14% EBITDA margin target in 2016.
$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?