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Engineered solutions provider $ATU reported lower earnings in 3Q16, hurt by restructuring charges and a lesser income tax benefit compared to 3Q15. Net income was $21.17MM or $0.36 per diluted share compared to $37.96MM or $0.63 per diluted share last year. Sales fell 5% from last year to $305.3MM versus $320.1MM in 3Q15. Adjusted EPS was $0.10.
$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?