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$AVY, which competes with $MMM and $BMS, said that currency translation reduced 1Q16 sales by 5.6% with an approx. $0.06 impact to EPS. Adjusted operating margin in 1Q16 improved 130 BP to 9.7% as the benefit of productivity initiatives and higher volume more than offset higher employee-related cost.
$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?