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Tavis McCourt of Raymond James asks about the amount of warranty charges. $FIT said the amount of warranty charges running through the P&L for 2Q16 was $50MM, excluding about $10MM of customer service related cost. So the $60MM is running through the P&L in total. $FIT will have the largest number of new products available for 4Q16 in its history.
$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?