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$K reported a drop in 3Q15 earnings due to lower sales. Net income fell to $205MM or $0.58 per share from $224MM or $0.62 per share last year. Net sales dropped 8.5% to $3.33Bil, due to currency translation effect. Currency-neutral comparable net sales rose by 1% on growth in Latin America, Asia, Canada, and the U.S. Specialty Channels business.
$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?