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$LII ended 3Q16 with approx. $1.1Bil of total debt and had a debt-to-EBITDA ratio of 2.1. The company paid $19MM in dividends in the quarter and paid $100MM in conjunction with an accelerated share repurchase program being executed over the third and fourth quarters. At the end of Sept. 2016, cash and cash equivalents were $48MM.
$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?