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Digital education services provider $BNED said 4Q16 sales were approx. $295MM, up 7.6% over the prior period. Adjusted EBITDA was $19MM, an increase of $5.9MM over the prior year. FY16 sales were in excess of $1.8Bil, up 2%. In 2016, $BNED signed $64MM of new business from 39 new stores bringing total store locations to 751.
$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?