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$TSN said it is raising adjusted earnings guidance for FY16 to $4.20-4.30 per share. $TSN also expects FY16 capital expenditures of about $850MM, while net interest expense is expected to be about $245MM. $TSN expects total liquidity, which was $1.2Bil at April 2, 2016, to remain in line with its minimum liquidity target of $1.2Bil.
$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?