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$GRMN 2Q15 Call: We continue to invest in innovation with increasing resources focused primarily on Aviation, Fitness and Outdoor. Our advertising expense increased $11MM from prior year quarter and represented a 5.9% of sales, a 140BP increase. SG&A was up $5MM compared to prior quarter, increasing 70BP with percent of sales to 12.6%.
$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?