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$MENT said booking volume was about avg. for 1Q17, down 10% from last year, yet 25% ahead of what was embedded in guidance. Scalable Verification was down 45% compared to 1Q16. New and Emerging Products were down 30% and Services were down 20% from last year. IC Design to Silicon fell 10% while Integrated System Design grew 30%.
$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?