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$TXN 2Q15 Call: Gross profit in 2Q15 was $1.88Bil billion or 58.2% of revenue. Gross profit was even from 2Q14 despite lower revenue as we benefited from lower manufacturing costs. Gross margin was up 110 bps. Combined R&D and SG&A expenses of $790MM were down $31MM from 2Q14. Acquisition charges were $82MM.
$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?