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$SIG adjusted GM was $373.8MM or 30.6% of adjusted sales with Zales division GM rate up by 120 BP due to certain GM-enhancing initiatives. The Sterling Jewelers division GM dipped 90 BP hurt mainly by the sales mix shift which impacted $SIG GM given that 3Q is the smallest quarter. UK Jewelry division GM rose 70 BP aided by occupancy leverage.
$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?