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During 4Q16, $TUES' net sales were $222.8MM, up 4.6% over 4Q15 despite ending the quarter with 18 fewer stores for an ending store count of 751. Comp store sales growth was 6% on top of the 3.6% increase in 4Q15. This comp growth was driven by 5.1% increase in customer transactions and a 0.9% increase in average ticket.
$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?