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Security device maker $ALLE posted higher 2Q16 results driven by acquisitions, organic growth and higher revenues. Net income rose 48.66% to $95MM or $0.98 per share from $63.9MM or $0.66 per share a year ago. Net revenues grew 12.58% to $584.9MM from $519.5MM. Excluding items, $ALLE earned $0.99 per share.
$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?