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$MHK's SG&A expenses for 3Q15 were $372.7MM, or 17.3% of net sales, an increase of 8.7% compared to 3Q14. As a percentage of net sales, SG&A expenses increased 10 BP. The increase in SG&A expenses in dollars was primarily due to higher sales volumes, and costs associated with investments in new product development, sales personnel and marketing.
$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?