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In 2Q16, $YHOO posted $841MM of ex-TAC revenue, meeting the high end of its ex-TAC guidance. Adjusted EBITDA and non-GAAP operating income both exceeded the guidance range. The company's focus is to grow user engagement on its three global platforms, Search, Mail and Tumblr and four core verticals, news, sports, finance and lifestyle.
$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?