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$CAT expects 2016 sales and revenues in a range of $40.0-40.5Bil, and profit at the midpoint of the sales and revenues range of about $2.75 per share, or about $3.55 per share excluding restructuring costs. Restructuring costs in 2016, which were expected to be about $550MM, are now forecast to be about $700MM, or about $0.80 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?