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$LLL, which supplies intelligence, surveillance and reconnaissance systems to the US government, reported 1Q16 earnings of $227MM, or $2.87 per share, compared with $105MM, or $1.25 per share a year ago. Revenue fell to $2.35Bil. All segments contributed to operating margin performance, which increased 230 basis points, the company said.
$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?