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For 1Q16, $LRCX expects shipments to be $1.43Bil and revenue to be $1.30Bil, while net income per diluted share is expected to be $0.77 for the 1Q16, where it includes certain amortization-related costs and associated tax benefit for non-GAAP items of $50MM. The company also expects 1Q16 GM to be 42.4%.
$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?