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In 4Q16, $LRCX said that its shipments were $1.587Bil, up approx. 10% vs. 3Q16 and just slightly below the record high level seen in 4Q15. The combined Memory segment that made up 66% of system shipments, was down from 70% in 3Q16. Non-volatile memory shipments contributed 51% of the system shipments, which was up from 43% in 3Q16.
$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?