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In 1Q16, $ADTN's SG&A expense fell 0.9% and R&D expense fell 9.4% versus 1Q15. Cash and cash equivalents at end 1Q16 was $91.6MM. Company's BoD declared a dividend of $0.09 per common share for 1Q16 to be paid on May 12, 2016 to holders of record on April 28, 2016.
$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?