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$MDT posted improved earnings in 1Q17, helped by lower income tax provision compared to 1Q16. Net income was $929MM or $0.66 per diluted share compared to $820MM or $0.57 per diluted share last year. Worldwide revenue was $7.17Bil, a decrease of 1% from 1Q16. Non-GAAP net income was $1.4Bil or $1.03 per diluted share in 1Q17.
$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?