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$CST, which sells motor fuels and convenience merchandise, reported higher 1Q16 profit, helped by an increase in the motor fuel and merchandise and services gross profit. The company reported net income of $19MM, or $0.24 per share, compared with $14MM, or $0.18 per share a year ago. Revenue slipped to $2.0Bil.
$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?