Want to join the conversation?
Machine vision systems company $CGNX posted lower 1Q16 results, hurt by lower revenue and higher expenses. $CGNX said net income from continuing operations fell 24% to $14.89MM, or $0.17 per share compared to $19.47MM, or $0.22 per share a year ago. Revenue fell 5% to $96.21MM, hurt by lower revenue from the consumer electronics industry.
$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?