Want to join the conversation?
In 1Q16, $GD took a charge of $13MM in discontinued operations to record the final resolution in outstanding items related to a disposition that closed last year. Net interest expense was $22MM in 1Q16. $GD spent just over $1Bil on the repurchase of 7.8MM shares in 1Q16. At 1Q16-end, cash balance was $1.9Bil and net debt was $1.5Bil.
$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?