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Discount store chain $DLTR reported higher net income in 1Q16, helped by higher revenue from Family Dollar stores and new Dollar Tree stores. 1Q16 net income was $232.7MM or $0.98 per diluted share compared to net income of $69.5MM or $0.34 per diluted share. Consolidated net sales increased 133.6% to $5.09Bil from $2.18Bil in 4Q15.
$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?