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$VRA expects 2Q17 net revenues of $118-123MM and gross margin of 58-58.5%. $VRA expects 2Q17 EPS of $0.13-0.15, based on diluted weighted-average shares outstanding of 37.1MM and effective tax rate of 37.9%. $VRA sees selling, general and administrative expenses as a percentage of net revenues of 51.3-51.8% and inventory of $105-110MM.
$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?