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$KBR has updated its 2016 earnings guidance to reflect expected cost increases on EPC projects. The amount of the increases is approx. $130MM pretax. $KBR is revising 2016 EPS guidance to $0.30-0.50 from the previous $1.20-1.45, ex legal costs for legacy US Government contracts, which are expected to be about $15MM or $0.11 per share.
$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?