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$ECL still expects 2016 adjusted EPS of $4.35-4.55, adjusted gross margin of 47-48%, and adjusted tax rate of about 26%. The company expects to repurchase about $700MM of its shares in 1H16, similar to 2015. For 2Q16, $ECL sees adjusted EPS of $1.03-1.11, adjusted gross margin of about 48% and adjusted tax rate of about 26%.
$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?