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Wireless communications technology provider $TSS reported a 15.9% drop in 2Q16 earnings due to expenses related to closing the TransFirst acquisition. Net income fell to $69.71MM or $0.38 per share from $82.84MM or $0.45 per share last year. Revenues jumped 66.3% to $1.15Bil. Adjusted EPS grew 27.9% to $0.74.
$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?