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$NOV 2Q15 PR: Revenues were $3.91Bil, a decrease of 19% from 1Q15 and a decrease of 26% from 2Q14. NOV earned net income of $289MM compared to $619MM in 2Q14. Operating profit, excluding other items, was $455MM, or 11.6% of sales. EBITDA, excluding other items, was $627MM, or 16% of sales, down 45% from the prior year.
$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?