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$AEO said the company ended 2Q16 with $240MM in cash when compared to $327MM a year ago. This reduction in cash was the result of $227MM in share buybacks last year and due to a return of $94MM in cash dividends and $135MM in CapEx. On license store openings, $AEO opened 13 international stores & ended the qtr. with 158 stores across 23 countries.
$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?