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The global paper and packaging company $IP reported a decrease in 3Q15 earnings due to lower revenue. Net earnings fell to $220MM or $0.53 from $355MM or $0.83 per share last year. Net sales dropped to $5.69Bil from $6.05Bil, due to negative impact of foreign exchange translation. Operating EPS remained flat with last year at $0.97.
$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?