Want to join the conversation?
$WU's tax rate was 7.6% in 2Q16 versus 8.5%, benefiting from changes in tax contingency reserves and other discrete items, including the impact of the FTC accrual which lowered the rate by about 180 BPs. Cash flow from operating activities was $486MM YTD through June. CapEx was $61MM in 2Q16.
$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?