Want to join the conversation?
Electric utility company $AEP reported a jump in 2Q16 earnings driven by strategic investment in its regulated businesses as well as higher revenue. Net income rose to $502.1MM or $1.02 per share from $430MM or $0.88 per share last year. Revenue grew to $3.9Bil from $3.8Bil. Operating EPS increased to $0.95 from $0.88.
$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?