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Electronic instruments maker $AME reported 2Q16 net income of $138.2MM or $0.59 per diluted share, down 11.1% versus $155.5MM or $0.64 per diluted share in 2Q15, hurt by lower net sales in the quarter. Net sales fell 2.6% to $977.71MM versus $1Bil YoverY.
$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?