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$HRL's effective tax rate for 4Q15 rose to 35.2% from 34.1% last year, due to the impact of the goodwill impairment charge. For FY15, effective tax rate increased to 35% from 34.3% in the prior year, impacted by the unfavorable impact of the exit from international JV businesses. $HRL sees effective tax rate in FY16 of about 34%.
$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?