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Medical device company $MDT reported that 4Q16 worldwide revenue surged 4% to $7.567Bil vs. $7.304Bil in 4Q15. Revenue also rose 6% on a constant currency basis during the quarter. The company said that GAAP net income on an as reported basis was $1.104Bil or $0.78 per diluted share. Non-GAAP diluted EPS was $1.27, an increase of 9% vs. 4Q15.
$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?