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Matt Sheerin of Stifel Nicolas enquires the details of the UK contract. $SNX stated that it did not give a specific date for the closure of the contract but it will be early in the new year. The contract is within guidance of being breakeven for the year. $SNX plans to redeploy the staff into other programs and re-use the facilities.
$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?