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Semiconductor company $ADI reported lower net income of $96.30MM, or $0.30 per share compared to $108.70MM, or $0.34 per share in 4Q14, hurt by higher operating expenses which rose to $533.2MM, making it about 55% of total revenue. Total revenue rose 20% to $979MM.
$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?