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Fragrance maker $IFF reported a 11% rise in 2Q16 earnings driven by volume growth, benefits associated with cost and productivity initiatives and contribution of acquisitions. Net income grew to $116.73MM or $1.46 per share from $105.37MM or $1.29 per share last year. Net sales rose 3% to $793.48MM. Adjusted EPS increased to $1.47 from $1.36.
$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?