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$HCSG, which competes with $ARMK, said that its 1Q16 investment income was $200,000. After adjusting for the $300,000 change in deferred comp, the company's actual investment income was about $0.5MM. $HCSG's effective tax rate was 37% and for the balance of 2016, the company expects its effective tax to be the 37% range.
$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?