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$BOBE's 4Q16 effective income tax rate was different than the statutory rate due to the company's increased domestic production activities deduction as a result of increased taxable income & utilization of tax credits. The non-GAAP tax rate was approx. 13.8% vs. 11.2% in 4Q15. This increase reduced quarterly diluted non-GAAP EPS by approx. $0.01.
$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?