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For 3Q16, $ROST is forecasting a same store sales gain of 1-2% on top of a 3% increase in the prior year, and EPS of $0.52-0.55. For 4Q16, $ROST expects same store sales to grow 1-2%, with EPS expected to be $0.73-0.76. Based on 1H16 results and 2H16 guidance, FY16 EPS is now planned to increase 7-10% to $2.69-2.75, on top of a 14% gain last year.
$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?