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$FB said 2Q16 total expenses were $3.7Bil, up 33%. The company ended the quarter with approx. 14,500 employees, up 32% YoverY. In the quarter, $FB added 900 employees, with the majority of them in technical functions. As of June 30, 2016, $FB said the company had over $23Bil in cash and investments.
$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?