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Specialty chemicals company $SCL reported a 18% drop in 3Q16 earnings due to deferred compensation expense as well as lower sales volumes in Latin America and Europe. Net income fell to $20.43MM or $0.89 per share from $24.91MM or $1.09 per share last year. Net sales rose to $445.03MM from $444.01MM. Adjusted EPS increased 15% to $1.06.
$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?