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$CAT 2Q15 PR: Caterpillar reported total sales and revenues of $12,317MM, down 13% from 2Q14. Second quarter profit was $710MM, down 29% from 2Q14. ME&T operating cash flow was $1.64Bil compared to $2.06Bil in 2Q14. ME&T debt-to-capital ratio was 35.8% vs. 37.4% at the end of 2014. CAT expects 2H15 to be challenging mainly due to lower oil prices.
$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?