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$URBN stated that it ended 2Q17 with $328MM in cash and marketable securities. During 2Q17, the company paid down $25MM of its outstanding revolver, leaving $50MM currently outstanding. For 3Q17, $URBN is planning 6 new Anthropologie stores, including 1 new Anthropologie store in Europe, 2 new Urban Outfitters store and 3 new Free People stores.
$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?