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Data storage equipment maker $EMC reported net income of $268MM or $0.14 per share in 1Q16, up 8% YoverY compared to $252MM or $0.13 per share in 1Q15. Non-GAAP net income attributable to EMC was $603MM and non-GAAP EPS was $0.31. Consolidated revenue was $5.5Bil, down 2% YoverY versus 1Q15.
$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?