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$EW reported cash flow from operating activities of $107MM and CapEx of $28MM in 1Q16. At end 1Q16, company had cash, cash and equivalents, and short-term investments of about $950MM and total debt of $600MM. Average shares outstanding fell to $218MM in 1Q16, and company expects shares outstanding in 2016 to be $216-220MM.
$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?