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$DG's gross margin for 2Q16 rose by 2 basis points to 31.2%. The rise was due to higher initial inventory markups and lower transportation costs, partially offset by higher markdowns, greater proportion of sales of consumables merchandise, which have lower gross profit rate than non-consumables merchandise, and increased inventory shrink.
$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?