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Maker of distillers grains $REX said that 2Q16 sales rose approx. 2% & were based upon 60.9MM ethanol gallons this year vs. 57.9MM gallons in the prior year, resulting in increased ethanol sales of 3.9MM. The company saw approx. $35 per ton reduction in dried distiller grain pricing YoverY, which resulted in approx. $2.6MM reduction in DDG sales.
$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?