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$MDT said net interest expense was $179MM. At the end of 1Q17, the company had $32.1Bil in debt and $12.8Bil in cash and investments, of which approx. $5Bil was trapped. The company's debt increased by just under $1Bil, as it issued short-term debt to manage minor timing differences between sources and uses of cash.
$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?